๐ Bitcoin ($BTC ) Futures Trade Setup ๐
๐ Long Trade Setup:
โข ๐ Entry: Above $83,000
โข ๐ฏ Targets: $85,000 โ $87,000 ๏ฟผ
โข ๐ Stop-Loss: Below $81,500
โข โก Confirmation: Sustained breakout with strong volume ๏ฟผ
๐ Short Trade Setup:
โข ๐ป Entry: Below $81,500 ๏ฟผ
โข ๐ฏ Targets: $80,000 โ $78,000
โข ๐ Stop-Loss: Above $83,000
โข โก Confirmation: Breakdown accompanied by increasing selling pressure
๐ฅ Key Market Insights:
โข Market Reaction to Tariffs: The recent announcement of new tariffs by President Donald Trump has intensified global trade tensions, leading to a decline in Bitcoinโs price as investors move away from riskier assets. ๏ฟผ
โข Technical Indicators: Bitcoin is currently testing key support levels around $82,000. A break below this level could signal further downside, while holding above may indicate consolidation or a potential rebound.
๐ข Stay informed & trade wisely! Follow for more market updates! ๐ฐ๐ฅ