Bitcoin / TetherUS
Long
Updated

Bitcoin BTC Trade Plan: Watching for Breakout or Pullback Entry

191
📊 Currently watching BTC (Bitcoin) as price action remains bullish overall, but we're approaching a key decision point 🎯

💹 Price is pushing higher, but with some signs of exhaustion after the recent rally ⚠️ — and with the weekend approaching, we could either see a continuation higher or a healthy pullback

I’m keeping an eye on two potential trade scenarios:

1️⃣ A break and clean retest of the recent high, which could offer a continuation long if momentum follows through 🚀
2️⃣ A retracement into equilibrium — a deeper pullback toward fair value 📉 — which could also present a high-probability long setup if confirmed with structure and reaction 📈

Either way, I’m letting the market reveal its hand and waiting for one of these setups to play out before committing 💡

💬 Not financial advice — always assess your own risk and confirm with your own analysis.
Trade closed: target reached
We got the move! Did you catch the breakout as mentioned in the video? Well done if you did, possible 3R reached! snapshot
Note
Well done if you followed this idea through with a trailing stop loss! snapshot

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