๐ Bitcoin (BTC) Trading Signal โ May 17, 2025 | Live Price Update
Current Price: \$103,450
Market Trend: Bullish Breakout Attempt
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๐ Trade Setup: BUY on Breakout Retest
๐ก Signal: BUY if BTC retests support at $102,500 โ $103,200
Entry Zone: $102,500 โ $103,200 (former resistance now turning into support)
Stop Loss: $100,800 (below key support)
Take Profit 1: $106,000
Take Profit 2: $108,800
Take Profit 3: $112,000
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๐ **Why This Trade?
BTC is attempting a **bullish breakout** above the \$103K zone.
* A **retest and bounce** from \$102.5Kโ103.2K would confirm strength and provide a low-risk entry.
* Institutional demand remains strong (e.g., Strategy just bought \$1.34B worth of BTC).
* Momentum favors upside unless price breaks back below \$101K.
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### ๐ง Pro Tips
* Wait for a **clean retest** with strong candle confirmation before entering.
* Move stop-loss to entry once TP1 is hit to protect gains.
* Watch for volume surge and macro news (especially U.S. crypto regulation updates).
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buy from here.
