#BTCtrade I entered a long position on Bitcoin when it bounced off the $60,000 support level — a key zone I had been watching closely. The RSI was oversold on the 4H chart, and there was a clear bullish divergence forming, which gave me confidence.
I was targeting a short-term move, riding it up to the $63,500 resistance. Once it neared that zone and volume started to drop, I exited to secure profits.
The overall market sentiment was leaning bullish after a slowdown in rate hike fears, which helped boost BTC’s upside.