Yes, but only if you: Select a strategy (e.g. scalping or trend-following). Use technical indicators and liquidity conditions. Automate or monitor actively. Maintain strong risk discipline.
Quick Example: Watch for EMA/RSI signals around the $697–700 resistance. Buy when confirmed, set take-profit ~+1%, stop-loss ~–0.5%. Execute, manage, and repeat.
Bitcoin is currently in a fine balance—hovering near its historic highs with modest downside pressure. A fade or failure to break higher could mark the start of a deeper retracement. Key levels to keep an eye on: Support zone: $116,500–$117,000 Resistance zone: $119,000–$120,000