$BTC

To determine the best course of action for BTC/USDT, let's analyze the current market sentiment and trading signals.

*Current Price:* $117,445.99

*Entry Points:*

- *Buy Zone:* Consider buying around $115,200-$116,500, with potential targets at $119,800 and $122,335.

- *Alternative Entry:* Buy above $118,169 USDT, targeting $122,000 USDT.

*Stop Loss:*

- *Stop Loss Level:* Set a stop loss at $114,700 or $115,800, depending on your risk tolerance and market conditions.

- *Trailing Stop Loss:* Consider using a trailing stop loss to maximize profits.

*Target Prices:*

- *Short-term Targets:*

- *Target 1:* $119,800

- *Target 2:* $122,335

- *Target 3:* $125,000

- *Long-term Targets:*

- *Target 4:* $134,000-$140,000

- *Target 5:* $142,000-$145,000

*Market Sentiment:*

BTC/USDT is currently showing signs of a potential bullish reversal, with a breakout above the neckline of an inverse head and shoulders pattern. However, the market sentiment remains uncertain, with some analysts predicting a potential drop to $100,000 or $94,000 before a new ATH.¹

Keep in mind that trading signals are not guaranteed to be profitable, and past performance is not indicative of future results. Always use proper risk management and consider multiple sources before making trading decisions.²#MarketTurbulence #HotJulyPPI #BinancelaunchpoolHuma