BTC/USDT (Bitcoin)

Date: July 6, 2025

Type: Long

Entry Price: $58,200

Take Profit: $60,800

Stop Loss: $56,700

Risk/Reward Ratio: 1:2.5

Confidence Level: High 🔥

Timeframe: 4H

Analysis Summary:

BTC is breaking out from a symmetrical triangle on the 4H chart.

RSI is trending upwards with strong momentum above 55.

Volume is increasing on bullish candles.

Price is holding above the 50 EMA, indicating short-term bullish trend.

Recommendation:

Enter gradually with proper risk management. Adjust SL to breakeven once price hits $59,500.