Get ready! A potential reversal looms on the horizon for $BTC /USD!
What exciting market developments! The BTC/USD pair recently made a critical move on the 30-minute chart, sweeping liquidity above its recent highs, triggering stop-loss orders.
This behavior often indicates exhaustion of downward momentum and the likelihood of a trend reversal. This is a priceless opportunity for professional traders!
Strategic Sell Opportunity for BTC/USD
In light of this pivotal development, we anticipate an excellent selling opportunity from the current area around $105,600. This setup is based on precise price action and liquidity dynamics, suggesting potential downward pressure in the short term following the sweep.
Proposed Trade Details:
Entry Level: Around $105,600
Stop Loss Level: $106,312 (to invalidate clearly above recent highs)
Target Level: $104,002
Outlook: Bearish as long as the price remains below $106,312, targeting $104,002 as the next key level.
Seize this potential opportunity to achieve excellent profits! $BTC
#SaylorBTCPurchase #TrumpBTCTreasury #MarketRebound #CardanoDebate #Binance