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Bitcoin Monthly Support Test — Next Target $58,419 ?Key support sits at $81,933. A clean break and close below this zone could expose Bitcoin to a deeper retracement toward the next major support around $58,419. However, $81,933 is also a strong monthly support level, so the market’s reaction here is critical. Keep an eye on whether this level holds or fails — it will likely dictate the next major move. Share your view in the comments: Do you think BTC will defend this monthly support, or are we heading lower?
by Trade_With_TradingHax
Bitcoin 1D Swing Trade Setup- Bitcoin is currently trading at 62,826$ - Bitcoin showed us an impulsive move yesterday where we saw BTC jumping from 59-63k straight - Bitcoin in this impulsive move had made a Fair Value Gap on a daily chart - For a Market Structure shift BTC needs to flip and make a weekly close above 66,598$ - If you are looking to build less leveraged longs then focus at 61,354$ - Market Structure will flip bearish once we see a weekly close below 58,000$ - If we look at the lows made recently BTC is still intact with a lower high structure the lows are also getting bought back impulsively - Manage risk properly that's the ultimate mantra
BITSTAMP:BTCUSDLong
by VKtradesimbalance