๐จ $BTC Reclaims Key Support โ Bulls Gaining Momentum! ๐
Bitcoin has successfully reclaimed the critical $61.7K support zone, signaling renewed strength from buyers. Recent price action shows increasing demand, with BTC holding firmly above an important market structure level.
๐ก Bullish Scenario: As long as BTC remains above $61,667, the path of least resistance stays to the upside. A confirmed breakout from the current range could trigger a liquidity sweep and fuel the next leg higher.
๐ฏ Targets: โข $64,000 โข $65,500 โข $66,850
๐ Entries: โข $61,700 โข $62,650
๐ Stop Loss: โข $60,015
The market is showing signs of a higher-low formation on the 1H timeframe โ a classic signal that buyers are stepping back in. If momentum continues to build, BTC could be preparing for a strong push toward the $66.8K liquidity zone.
Are the bulls ready for the next breakout? ๐ฅ๐
#Bitcoin #BTC
Bitcoin has successfully reclaimed the critical $61.7K support zone, signaling renewed strength from buyers. Recent price action shows increasing demand, with BTC holding firmly above an important market structure level.
๐ก Bullish Scenario: As long as BTC remains above $61,667, the path of least resistance stays to the upside. A confirmed breakout from the current range could trigger a liquidity sweep and fuel the next leg higher.
๐ฏ Targets: โข $64,000 โข $65,500 โข $66,850
๐ Entries: โข $61,700 โข $62,650
๐ Stop Loss: โข $60,015
The market is showing signs of a higher-low formation on the 1H timeframe โ a classic signal that buyers are stepping back in. If momentum continues to build, BTC could be preparing for a strong push toward the $66.8K liquidity zone.
Are the bulls ready for the next breakout? ๐ฅ๐
#Bitcoin #BTC