🚀 “$BTC Just Bounced Off Its 50‑Day SMA—Classic Swing Entry Setup”
Bitcoin recently pulled back to around $103,492, which aligns closely with its 50‑day simple moving average (~$104,224)—a textbook spring setup offering a clear swing opportunity . Intraday price has ranged from low $102k to high $106k, showing that buyers are defending support zones .
Notably, 24‑hour trading volume remains strong at ~$49–50 billion, confirming sufficient liquidity for entry and exit .
My swing‑trading plan:
1. Enter near the 50‑day SMA with a tight stop just below (~$102k).
2. Wait for a breakout above recent intraday high (~$106k) on rising volume.
3. Risk-managed: 1–2% per trade, stop-loss under structure.
4. Partial profit at +ATR move (~$109–110k), trail remainder.
This is disciplined, data-driven swing trading—no guesswork.
