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$BTC 1D Setup
BTC is trying to bounce from the 59K demand zone after a brutal downside move. The reaction is decent, but the price still needs to reclaim 63K before bulls can breathe properly.
For now, this is a relief bounce, not a clean reversal yet.
Entry: 60,500 to 61,300
SL: 58,700
TP1: 63,100
TP2: 66,000
TP3: 68,400
As long as BTC holds above 59K, the setup stays alive. A daily close above 63K would make the chart look way less cooked. Below 58.7K, bears take the wheel again.
#ChipStocksCrashedDowHitRecordHigh #BitminePlans300MPreferredStockOffering