$BTC
Long Trade Signal 🚦 🟢
Bulls are targeting a breakthrough moment at $119K 🚀
Bitcoin has bounced from the support area at $117,300, regaining the demand zone throughout the day with strong buying interest. The price is consolidating below resistance at $118,400 — a clean breakout could lead to a rapid push towards the $119,300 area, with the possibility of higher extensions if momentum continues.
Trade Setup (Long)
Entry Area: $118,050 – $118,200
Take Profit 1: $118,800
Take Profit 2: $119,300
Take Profit 3: $119,600
Stop Loss: $117,300
Market Outlook: The bullish structure remains intact, with higher lows being formed and buyers entering aggressively at dips. As long as Bitcoin holds above the $117,300 level, the bullish scenario remains valid, and a strong breakout above $119K could further accelerate gains.