Bitcoin
Long

Bitcoin (BTC/USD) Technical Analysis โ€“ Bullish Setup

205
๐Ÿ”ต Key Levels:

๐ŸŽฏ Target Point: 87,050.22 (๐Ÿ”ผ Expected upward move)

๐Ÿ”ต Support Zone: 79,833.82 (๐Ÿ›ก๏ธ Strong demand area)

๐Ÿ”ด Current Price: 82,254.27


๐Ÿ“Š Analysis:
๐Ÿ”ต RBS + RBR Zone (๐Ÿ”„ Role Reversal Support & Rally Base Rally) - Possible entry point for a long position.
๐ŸŸ  Stop Loss: Below 79,833.82 (๐Ÿšจ Risk Management)
๐ŸŸฃ Resistance Zone: Near 83,000 (๐Ÿ”„ Possible short-term pullback)

๐Ÿ“ˆ Strategy:
1๏ธโƒฃ Price might retrace to the blue zone (support) before continuing upward.
2๏ธโƒฃ If it holds, ๐Ÿš€ potential rally towards 87,050.22 ๐ŸŽฏ
3๏ธโƒฃ If it breaks below support, โš ๏ธ possible downside risk.

โœ… Conclusion:

A bullish setup with a 7.45% profit target ๐Ÿ“Š

Risk managed with a stop loss below support โš ๏ธ

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