🚀 $BTC

Buy trading signal 🟢 🚦

Bulls defend support, and expectations for a bullish recovery 📈🔥

Bitcoin has successfully defended the support area at $114,600, showing early indicators of a bullish reversal. Price action suggests a potential accumulation of momentum to push towards resistance levels between $115,700 and $116,000.

📊 Trading setup (Buy position)

Entry area: $114,700 - $114,900

Take profit 1: $115,500

Take profit 2: $116,000

Stop loss: $114,060

📈 Market expectations:

The bullish trend continues to rise as long as the $114,600 level remains intact. Continued buying pressure may lead to a swift move towards $116,000. Watch for strong momentum candles confirming the breakout.