📈 BTC Macro-Technical Setup —
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Macro Catalyst:
Rate cuts = weaker USD → higher demand for risk assets.
Historically, Fed easing cycles have coincided with BTC rallies (e.g., 2020 post-COVID QE)
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Technical Picture (Daily Chart):
Current Price: ~$119,800
Key Resistance: $120,000 psychological + weekly high
Key Support: $118,200 (recent breakout retest)
❇️Trade Plan❇️
Entry: Break & close above $120,000 with volume confirmation.
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Targets:
TP1: $122,800 (short-term breakout zone)
TP2: $125,500 (next liquidity pocket)
TP3: $128,000 (macro Fib extension)
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Stop Loss: $117,900 (below structure + invalidation of breakout)
Risk Management:
‼️Size position for 1–2% account risk.
Be ready for volatility during FOMC-related headlines.
Bias: Bullish (Macro + Technical Alignment)
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