Bitcoin (BTC/USD) Trade Setup – Potential Bullish Reversal

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Helle Guys Here Is My First Analysis On BTC/USD Keep Me Update In And Follow Me For More Instrutions thanks
On the 1-hour chart, Bitcoin recently broke out of an ascending channel but faced a sharp correction. Price has now found support around $94,400, which aligns with a key demand zone. A rebound from this level could trigger a bullish move toward the $99,700 target, where strong resistance is expected.

Trade Plan:
Entry: Near $96,200, after confirmation of support.
Target: $99,700 (key resistance zone).
Stop Loss: Below $94,400 to manage risk.


If price holds above support and reclaims key levels, a bullish continuation is likely. However, failure to hold could lead to further downside. Traders should monitor price action and volume for confirmation before entering.

Let me know your thoughts in the comments! Do you see BTC recovering or breaking lower? 🚀📉
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ieri

Trade attivo

Wen Can Place buy Trade $96,300 Set target $99,000 Good Luck Guys

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Nota

Hello Guy's I Hope You All Followed My Setup At this Time Runnig 20+Pips In Profit From Entry Point keep Hold guy's