$BTC #Gate13thAnniversaryDr.HanLetter
🔍 Key Observations (Current price ~74,334)
· Bollinger Bands (20,2): Price is trading between the middle band (MB: 72,831) and upper band (UB: 75,524) → bullish trend, but not yet overbought.
· MACD: DIF (825.8) > DEA (660.6) with a positive histogram (165.1) → clear bullish momentum.
· Structure: Higher lows since the 70,570 low. Price is approaching the recent high of ~74,888.
· Volume: Moderate (5.12K BTC, $372M turnover).
📈 Trade Plan (Short-term, 1h–4h)
Direction: Bullish, but wait for a pullback or a confirmed breakout.
Option A – Pullback entry (safer)
· Entry zone: 73,200 – 73,800 (near MB or previous support)
· Stop Loss: 72,500 (below MB)
· Take Profit 1: 75,500 (near UB)
· Take Profit 2: 76,200 (extension)
Option B – Breakout entry (aggressive)
· Entry: Above 74,900 with a 1h candle close
· Stop Loss: 74,000
· Take Profit 1: 75,500
· Take Profit 2: 76,500
⚠️ Risk Management
· Risk 1–2% of account per trade.
· If BTC fails to hold above 74,000, bullish bias weakens.
· Watch for rejection near 75,500 (upper BB resistance).
📊 Summary
Bias: Bullish
Best action: Wait for a pullback to ~73,500, then go long.
Invalidation: Close below 72,500.