Bitcoin (BTC/USDT) Trading Signal
Current Price: $78,814
Trend: Short-term consolidation after a drop
Key Levels:
Resistance: $79,942 → If BTC breaks this level, expect a move towards $81,300+
Support: $77,459 → If BTC drops below this, expect further downside
📈 Buy Signal (Bullish Confirmation)
✅ Entry: Buy above $79,950 (wait for a breakout)
🎯 Target 1: $81,500
🎯 Target 2: $83,800
📉 Stop-Loss: $78,300
📉 Sell Signal (Bearish Confirmation)
❌ Entry: Sell below $77,400 (break of support)
🎯 Target 1: $76,000
🎯 Target 2: $74,500
📈 Stop-Loss: $78,800
📌 Recommendation:
Scalping/Short-term: Wait for confirmation before entering.
Long-term Holders: Consider buying if BTC stabilizes above $79,000.
🚨 Risk Management: Use proper stop-loss and don't risk more than 2-3% of your capital per trade.