🟠 Bitcoin (BTC) – Intraday Trading Setup & Market Insight
💰 Current Price: $118,127
📍 Entry Zone: $118,000 – $118,300
🛑 Stop Loss: $117,500
🎯 Target 1: $119,200
🎯 Target 2: $120,000
📊 24h Range: Low – $117,982 | High – $124,234
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📈 Market Overview:
Bitcoin recently tested the $117,982 support zone and is showing signs of recovery. Price action remains bullish as long as BTC stays above the $117,500 key support. If the price breaks and holds above $118,300, we could see a move toward $119,200 and even $120,000 in the short term.
Currently, market sentiment is strong after BTC hit a fresh all-time high near $124,000 this week. Traders are now watching the $110K–$112K major support area for the long-term bullish trend to stay intact.
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💡 Trader’s Notes:
Wait for confirmation above $118,300 before entering.
Keep a tight stop loss at $117,500 to manage risk.
Targets can be adjusted if momentum is strong; watch $119,200 for partial profit booking.
Use proper position sizing — never risk more than 1–2% of your trading capital.
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❓ What’s your opinion?
Will BTC push toward $120K this week, or is a short-term pullback on the way? Share your thoughts in the comments 👇
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