#SwingTradingStrategy
Bitcoin ($BTC) showed a slight uptick of +0.1%, trading around $104,600, though it remains well below May’s peak . For swing traders, this means…
📊 Strategy Cues:
Watch the U.S. Dollar Index closely—if it weakens further, BTC may gain momentum, making it favorable for long swing setups .
Use RSI/MACD divergence and a bullish reversal candle around support levels like $104K–$105K as entry signals .
Set tight stop-loss just below recent swing lows (~$103,400) and target resistance at ~$107K.
🔍 Market Outlook:
Geopolitical tension hasn’t boosted BTC as a safe‑haven yet, but macro focus remains on the dollar and tariff impacts . Swing traders should stay nimble—watch those tech indicators and key levels for a potential breakout or reversal.
🔁 #BTC #Crypto #SwingTrade