Market Update & Trade Setup – BTCUSDT
Bitcoin has recently formed a strong bullish reversal pattern on the daily chart – an Inverse W structure, signaling a potential trend change. Price action is breaking above a key resistance zone near $91,000, and with healthy consolidation, it’s setting up for a powerful move to the upside.
With global markets stabilizing and crypto sentiment recovering, we see this as a high-probability setup for a mid-term swing trade. Key resistance levels are mapped out, offering strong reward potential if the breakout sustains.
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BTCUSDT Swing Trade Signal – Spot/Futures
Entry (Buy Zone):
> $91,000 – $92,000
Stop Loss:
> $83,500 (Hard SL)
Take Profits (TP):
> TP1: $100,000
TP2: $106,000
TP3: $118,000 – Final Target
Trade Type:
> Swing / Mid-Term (1–6 weeks)
Pattern:
> Inverse W Formation (Reversal Structure Confirmed)
Risk/Reward Ratio:
> Approx. 1:4.5 (High Reward Setup)
Remarks:
> Breakout confirmation needed above $92K with volume. Manage your risk and take partial profits at each target.