$BTC Trade Setup (Long & Short Options)
1. Long Setup
Entry Zone: Above $119,432, especially if confirmed with strong volume.
Stop-Loss: Below $115,974 (solid support zone).
Targets:
TP1: $125,000
TP2: $133,000 (bullish extension on breakout)
2. Short Setup
Entry Zone: Below $115,974, ideally with breakdown confirmation.
Stop-Loss: Above $119,432 (resistance zone).
Targets:
TP1: $112,000
Further downside possible if momentum builds.
Current Market Bias: Favoring Long, supported by potential golden cross and bullish consolidation structure
Summary Table
Trade Direction Entry Condition Stop–Loss Level Target(s)
Long Break above ~$119,432 Below ~$115,974 $125K → $133K
Short Drop below ~$115,974 Above ~$119,432 $112K → lower if trend continues