Bitcoin ($BTC ) is gaining traction, currently trading at $97,181, reflecting a 1.15% increase. This trade signal suggests a long position with leveraged exposure (75x cross), targeting key resistance levels ahead.
📊 Trade Details & Targets
🔹 Entry Range: $94,500 – $96,150
🔹 Risk Level: 7/10 (Moderate to High Risk)
🔹 Stop Loss: $92,000 (Only exit if a 4-hour candle closes below this level)🎯 Profit Targets:
✅ TP1: $97,100
✅ TP2: $98,000
✅ TP3: $99,000
✅ TP4: $100,000
✅ TP5: $101,000
✅ TP6: 🌕 (Potential extended breakout level)📌 Risk Management & Strategy
📌 Low Fund Allocation: Since the trade carries a moderate-to-high risk, it's advisable to use cautious position sizing.
📌 Profit-Taking Plan:
Once TP1 & TP2 are reached, close 50% of your trade to secure early gains.
Let the remaining position run toward higher targets with adjusted stop-loss protection.
📌 Avoid Panic Selling: If BTC briefly retraces, hold your position unless a 4-hour candle closes below $92,000, confirming a breakdown.
🚀 Final Thoughts – Will Bitcoin Break $100K?
With strong momentum and increasing market interest, BTC is approaching a critical resistance zone. A sustained breakout above $100,000 could signal the next leg of the bull run. However, monitoring price action, volume, and macroeconomic conditions remains crucial.
💡 Are you ready for BTC’s next move? Share your thoughts below! ⬇️