$BTC 🚀 BULLISH CONTINUATION 🚀
🚀 Bitcoin (BTC) Trading Strategy & Chart Overview
💰 Current Price: $117,449 USDT
📊 24H Volume: $3.29 Billion USDT
⏱️ Timeframe Focus: 1–3 Days (Short-Term)
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📈 Technical Analysis
🔹 Trend Analysis
BTC is currently showing signs of bullish continuation, consolidating near the ascending triangle breakout zone. Strong ETF inflows and market optimism are maintaining momentum.
📉 Support Levels
$115,800 – Strong horizontal support from June breakout
$113,200 – 50-day EMA & psychological support
$111,000 – Last consolidation base
📈 Resistance Levels
$118,200 – Local high (short-term barrier)
$120,000 – Key psychological level
$123,500 – May 2025 high (potential breakout target)
📊 Indicators
RSI (4H): 63 → Slightly overbought, but still with momentum
MACD: Bullish crossover, positive divergence
Volume: Healthy, indicating conviction in current move
Bollinger Bands: Price near upper band = possible short-term cool-down
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🧠 Trading Strategy
✅ Momentum Long Strategy
Entry: $117,300–$117,600 (confirmation of breakout continuation)
TP1: $118,900
TP2: $120,000
SL: $115,500
R/R Ratio: ~2.3:1
🔁 Pullback Buy Strategy
Buy Zone: $115,800–$116,200 (support retest area)
TP: $118,000
SL: $114,800
⚠️ Caution for Shorts: Not ideal to short unless breakdown below $114K with high volume.
Market sentiment
📈 ETF Inflows Strong $4.5B+ net inflows in June; signals growing institutional support
🐋 Whale Activity Accumulation On-chain shows increasing whale holdings
🧠 Trader Sentiment (Binance) Bullish (82%) Traders are confident in $120K+ move
📰 News Impact Positive Instituti
onal adoption & dovish Fed tone favor bulls
📜 Disclaimer
> This content is for educational and informational purposes only and does not constitute financial advice. Crypto assets are highly volatile—always conduct your own research (DYOR) and manage your risk appropriately. Use stop-losses and avoid overleveraging.