$BTC | Key Support Test – Bullish Swing Setup 🔥


Bitcoin is sitting right at a major inflection point around $62,700, testing the critical $62,500 support zone after a healthy correction.
Extreme Fear (F&G ~17-20), recent ETF outflows, yet this remains one of the shallowest drawdowns in Bitcoin’s history (~50% from peak). These zones have historically rewarded patient accumulators.
Suggested Long Setup (Swing):
Entry Zone: $62,000 – $63,000 (buy the dip / DCA here)
Stop Loss: $60,900 (tight – below key support & psychological floor)
TP1 (Scale 40%): $66,000
TP2 (Main – 40%): $68,500 – $69,000
TP3 / Runner (20%): $72,000+ (trail with structure)
Risk ~2.7% | Reward on TP2 ~1:3.2+
Bias: Bullish bounce from demand zone in capitulation.
Invalidation: Decisive close below $60.5k.
Not financial advice. DYOR. Risk only what you can afford to lose. Position size responsibly (max 1% portfolio risk).
Who else is accumulating this dip? 👇
#Bitcoin #BTC #Crypto #Trading
BTC-0.49%
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