Bitcoin
Long
Updated

The momentum of BTC indicates its short-term potential

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The BTC/USD price is currently in a consolidation phase within a specific range.

Pay close attention to the 82,000 - 83,000 zone. Should the price retrace to this area and demonstrate signs of support, it could be a viable opportunity to initiate a small long position.

Set the target take - profit levels between 84,500 and 86,000. When the price reaches 84,500, it is advisable to consider partially closing the position to secure some profits. If it manages to break through this level, the subsequent target will be 86,000.

Considering the extreme volatility characteristic of the crypto market, prudent management of position size is of utmost importance. It's essential to refrain from overtrading to safeguard your investment capital.

BTCUSD
buy@82000-83500
tp:84500-86000

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Trade active
Currently, the price of BTC is gettin' pretty close to our target, mate.
Trade closed: target reached
The current price of BTC has hit our initial profit target. Our focus now shifts to the second profit target (TP2).

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