📈 Short-Term Trading Strategy for Bitcoin ( $BTC )

🔍 Market Overview

Trend: Bullish momentum with recent price surge

Volume: Increasing, indicating strong market interest

Volatility: Short-term realized volatility has dropped to 16%, suggesting a stabilizing trading range ​

⚙️ Technical Setup

📌 Entry Points

Breakout Buy: Consider entering a long position if BTC breaks above $96,500 with strong volume confirmation.

Pullback Buy: If BTC retraces to the support level around $93,000 and shows signs of a bullish reversal, it may present a buying opportunity.​

🎯 Take-Profit Targets

TP1: $98,000

TP2: $100,000 (psychological resistance)

TP3: $107,000 (based on pattern's measured move) ​

🛑 Stop-Loss

SL for Breakout Entry: Below $94,500 to manage downside risk.

SL for Pullback Entry: Below $91,000 to limit potential losses.​

📊 Key Indicators

Moving Averages: BTC recently broke out of a four-month falling wedge pattern and closed above the 200-day moving average, indicating a bullish trend.

RSI: Currently above 50, suggesting room for further upside before overbought conditions.

MACD: Bullish crossover observed, supporting upward momentum.​

⚠️ Risk Management Tips

Position Sizing: Risk no more than 1–2% of your trading capital on a single trade.

Risk-Reward Ratio: Aim for a minimum of 2:1 to ensure potential profits outweigh losses.

Market Conditions: Stay updated on news and events that might impact BTC's price.​

Always conduct your own research and consider market conditions before making trading decisions.