$BTC
/USDT RANGE-BOUND CONSOLIDATION
WHY the Whole Market is Unpredictable
Bitcoin is currently trapped in a tight consolidation zone between $93,950 and $95,600 on the 4H timeframe. Multiple rejections from both support and resistance levels indicate indecision, creating a choppy and unpredictable market environment.
Trade Setup (Breakout Strategy):
Long Entry: Above $95,700
Target 1: $96,800
Target 2: $98,000
Stop Loss: $94,900
Short Entry: Below $93,300
Target 1: $92,400
Target 2: $91,000
Stop Loss: $94,000
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#BTC #CryptoTrading #BitcoinUpdate #PriceAction #RangeBreakout
{future}(BTCUSDT)