Follow this trade setup and you will not regret it.
As of May 8, 2025, Bitcoin (BTC) is trading around $98,922, exhibiting strong bullish momentum. Recent technical analyses indicate that BTC has broken above key resistance levels, with the next significant resistance at $100,000.
Trade Setup:
Pair: BTC/USDT
Entry: $98,500 (upon confirmation of support at this level)
Take Profit (TP): $102,000 (near the next resistance level)
Stop Loss (SL): $96,000 (below recent support to manage risk)
Risk/Reward Ratio: Approximately 1.4
This setup aims to capitalize on the ongoing bullish trend while maintaining prudent risk management.
Post:
Bitcoin is approaching the $100K mark, breaking through key resistance levels. If it confirms support at $98.5K, we could see a push toward $102K. Monitor closely for confirmation.
