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$BTC /USDT BULLISH MOMENTUM BUILDING, WATCH CLOSELY
We are seeing some bullish momentum for Bitcoin at $78,975.9, with a recent high of $80,621.7 and a low at $78,207.9. A potential breakout is setting up as the price holds above $78,975, with resistance near $80,138.2. A push past that level could lead us to a higher target, potentially reaching $80,863.
Trade Setup
Entry Range: $78,975 - $79,200
Stop Loss: $78,311.9 (Key Support Level)
TP1: $80,138.2
TP2: $80,621.7
TP3: $80,863
Currently, the MACD is showing a negative divergence with a reading of -10.8, but the momentum remains bullish. If price holds above $78,975 and breaks the $80,138 level, we can expect further upside towards $80,863. Keep an eye on the low at $78,207.9 as it provides a strong support zone.
#WCTCTradingKingPK #BitcoinETFOptionLimitQuadruples