BitcoinLong
Bitcoin Reversal Play – Targeting $109K+
📉 Current Setup: Bitcoin is bouncing off a key support level (~99K), forming potential bullish momentum.
🔹 Entry Zone: Around current support (watch for confirmation)
🔹 Target: $109,961 – strong resistance zone
🔹 Potential Scenario: If price holds above support and forms higher lows, it could push toward the target.
🔹 Risk Management: Stop-loss below recent lows to limit downside risk.
⚠ Disclaimer: This is not financial advice. Always do your own research and use proper risk management before trading.
🔹 Entry Zone: Around current support (watch for confirmation)
🔹 Target: $109,961 – strong resistance zone
🔹 Potential Scenario: If price holds above support and forms higher lows, it could push toward the target.
🔹 Risk Management: Stop-loss below recent lows to limit downside risk.
⚠ Disclaimer: This is not financial advice. Always do your own research and use proper risk management before trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.