๐Ÿšจ Bitcoin ($BTC ) Price Analysis ๐Ÿšจ

BUY / SELL

Exchange: Binance

Pair: BTC/USDT

Signal Type: Technical + Sentiment

Time Frame: 1 Day

Leverage: 5x (for risk-managed traders)

Entry Price: $66,800

Take Profits: $68,500 / $70,000 / $72,300

Stop Loss: $64,950

๐Ÿ” Market Outlook:

๐Ÿ”ธShort-Term: Bullish โ€“ RSI recovered above 50, showing buying pressure. Funding rates on Binance are neutral, suggesting market stability.

๐Ÿ”ธMid-Term: Neutral-Bullish โ€“ Accumulation zone between $65Kโ€“$67K. On-chain data shows wallets holding 1โ€“10 BTC increasing.

๐Ÿ”ธLong-Term: Bullish โ€“ Institutional inflows (BlackRock ETF net positive), miner reserve levels decreasing (bullish signal), and U.S. rate pause from FOMC boosting sentiment.

โš ๏ธ Bearish Risks:

Breakdown below $64,500 may flip momentum bearish.

Macroeconomic news or Mt. Gox repayments could trigger sell-offs.

๐Ÿ“Š Why Bullish Bias?

BTC is forming a classic ascending triangle pattern. If the $68,000 resistance is broken with volume, we could see a sharp rally. Glassnode data shows over 72% of BTC supply remains unmoved for 6+ months โ€” a clear sign of HODLing strength.

๐Ÿš€ Eyes on $72K this month if momentum holds!

๐Ÿ” Like | ๐Ÿ’ฌ Comment | ๐Ÿš€ Share to stay ahead in the crypto race!

$BTC

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