Bitcoin Analysis $BTC
Current Price 110,467
Entry Price 109,216
Target 1
112,000
Target 2
113,200
Target 3
116,200
Stop Loss
108,155
Bitcoin is in a short-term rebound phase after a drop.
Breaking the MA7 gave an initial positive signal.
Continued upward movement is conditional on surpassing 112K – 113K with strong volume.
Still suitable for short-term speculation with tight risk management.
Risk Management:
Do not enter without a stop loss.
Do not risk more than 2% of capital on each trade.