#Bitcoin. Initiating a long position once more, cautiously. (BTC/USDT LONG🟢)
- Entry approximately at $69.9k with averaging around $68.8k.
- Profit-taking targets: $70.8k - $71.5k - $72.5k - $73.5k - $74.5k.
- Employing a stop slightly below $66.5k to mitigate potential losses.
A descending channel is visible on lower timeframes, suggesting a bullish continuation pattern. Despite a previous breakout entry, full validation was lacking. Currently, anticipating a bounce and subsequent upward momentum upon retest.
