Bitcoin

BTC/USD Long Setup – Bounce from Demand Zone Towards $80K Target

132
Key Zones

Demand Zone (Buy Zone)
🔵 $74,250 – $75,000

Strong support area

Buyers previously stepped in here

Marked for potential entry

Resistance Zone
🟣 $77,300 – $77,600

Mid-level resistance

Could cause a short pullback

Watch for breakout or rejection

Target Point
🎯 $80,273.49

Potential upside: +6.68% gain

Previous supply/structure zone

Take Profit (TP) zone

Stop Loss
⛔ $74,247.07

Just below the demand zone

Protects against invalid setup

Trade Idea

1. 🔽 Price expected to drop into demand zone

2. 🔄 Wait for bullish confirmation (e.g. bounce or engulfing candle)

3. 📈 Enter long position near $75,000

4. ⬆️ Ride it up through resistance

5. ✅ Target = $80,273 | ❌ Stop = $74,247

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.