BTCUSD Long Bitcoin vs US Dollar BTCUSD TRADE IDEA
BTCUSD (H4) – Buy Analysis 📈 Bias: Bullish (Short-Term Recovery) Entry Zone: 63,800 – 64,400 Stop Loss: 61,500 Take Profit Targets: TP1: 66,000 TP2: 67,255 TP3: 70,000 Technical Reasoning: Strong support is holding around 61,633 . Price has formed a higher low after the recent selloff. BTC is attempting to reclaim and hold above the 64,330 resistance zone. A breakout above 64,330 could trigger momentum toward 67,255 . Confirmation Signal: Wait for an H4 candle close above 64,330 . Increased bullish volume would strengthen the setup. Trade Idea:
Buy above 64,330 , targeting 67,255 , while keeping risk below 61,500 . A successful breakout could signal a larger recovery move. 📈🚀
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