BTC - Two Bullish Scenarios Incoming!

$BTC | 82,496.23 | +4.21%

BTCUSDT Perp | 82,444.4 | +4.3%

Hey Binance Fam & Fellow Traders — Richard here, aka theSignalyst.

Currently, BTC remains in a broader bearish trend, trading within a falling channel (marked in red). The $70,000 zone is a major confluence area, lining up with:

The lower red trend line

Strong horizontal support

A psychological round number

A potential demand zone

My Game Plan:

As BTC nears the blue circle zone, I’ll be watching for bullish reversal signals — like a double bottom, trendline breakout, and more.

For a full bullish trend reversal, the key is a breakout above the $88,888 resistance (last major high in red).

Pro Tip:

Stick to your plan: manage your entries, risk, and trades wisely.

All strategies work — if managed well.

Happy trading!

~ Rich$BTC