Trade of the Week: BTC/USD Long Breakout
This week’s standout trade goes to a bold long position on BTC/USD as Bitcoin shattered the $99,000 resistance level. Traders who entered near the $95K support rode a powerful breakout fueled by strong volume and bullish sentiment. Technical indicators aligned perfectly: RSI stayed in bullish territory, MACD showed a clean upward crossover, and fundamentals—like institutional buying and ETF optimism—backed the move. Profit targets were hit quickly, with savvy traders locking in gains before the psychological $100K resistance. Risk was well-managed with tight stop-losses below key levels. This trade wasn’t just profitable—it was textbook technical analysis meets real-world momentum. A truly rewarding setup!
Search
Reason
Deep research
Create image
ChatGPT can ma
