BTCUSD H1 ANALYSISBullish Outlook:
Bitcoin prices are experiencing a significant uptrend, driven by increasing adoption and institutional investment. As investors seek exposure to the cryptocurrency market, Bitcoin has emerged as a top choice, attracting strong buying interest.
Risk Management:
1. Stop-Loss: Set at $97,570
2. Position Sizing: Manage position size to avoid over-exposure to market volatility
3. Risk-Reward Ratio: Set at 1:2 or 1:3 to ensure potential rewards outweigh potential risks
Target:
- Primary Target: $103,515
Best Wishes Tom 😎