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Bitcoin ($BTC) – Bullish Breakout Play
Bitcoin is currently testing the upper bound of a descending channel. A decisive break above $71,000 confirms a trend reversal.
Entry: $71,200 (on a successful 4H candle close above resistance)
TP1: $74,500 (Previous swing high)
TP2: $79,200 (Major psychological resistance)
SL: $68,800
Analysis: $BTC has shown a "double bottom" near $64k. The RSI is rising from oversold territory, and the "Golden Cross" on the 1H timeframe suggests immediate bullish momentum.
$BTC #GateSquare$50KRedPacketGiveaway