Market Overview
Bitcoin is gaining momentum as institutional interest grows. Recent news highlights increased adoption and regulatory clarity, driving bullish sentiment.
Trade Setup
- Entry: Buy near $93,645 (demand zone)
- Stop Loss: Set at $93,170
- Take Profit: Target $96,063 (resistance level)
Although the price has moved from the demand level, we can still see potential for further upward movement to break liquidity above the white line.
Why This Matters
Recent institutional purchases signal strong demand, making this setup potentially lucrative.
Conclusion
With Bitcoin showing resilience, this trade setup aligns with current market trends. Stay informed and trade wisely!
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