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$BTC Setup 📊
Entry: $63,500 - $64,500
SL: $61,500
TP1: $66,500
TP2: $70,000
TP3: $74,000
Analysis:
BTC is consolidating after a strong rebound from the $59K low, and the current pullback still looks healthy within the broader recovery structure. Buyers stepped in aggressively near the lows, and since then price has been printing higher lows while holding above key support.
The level that matters most is $66.5K. A decisive break above that area would confirm the next leg higher and put $70K back in focus. Until then, BTC appears to be building energy rather than showing signs of weakness.
What stands out is that despite recent selling pressure, price continues to hold well above the local bottom. That's usually a sign that the market is absorbing supply and preparing for the next move.
Confidence: 8.5/10
Bias: Bullish while above $61.5K. 📈🔥
#SpaceXMarketCapSurpassesMicrosoftRanksTopFiveGlobally #GateLaunchesHongKongStockTrading