Bitcoin is currently trading near the 111,500 level, where buyers have shown interest after a recent decline. This zone aligns with short-term support, making it a potential area for a rebound. A swing buy entry at 111,500 offers a favorable risk-to-reward setup, targeting 114,000 while keeping risk controlled with a stop at 110,500.
Key Levels
Buy Entry: 111,500
Take Profit: 114,000
Stop Loss: 110,500
Reasoning:
The 4H chart shows BTCUSD testing a support level after an extended pullback. Price rejection around this area suggests demand may step in. The stop loss below 110,500 protects against deeper downside, while the upside target at 114,000 matches the next resistance cluster. This provides a structured trade idea with balanced risk management.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Trading involves significant risk; please manage your capital responsibly and follow your own judgment before entering any trade.
Key Levels
Buy Entry: 111,500
Take Profit: 114,000
Stop Loss: 110,500
Reasoning:
The 4H chart shows BTCUSD testing a support level after an extended pullback. Price rejection around this area suggests demand may step in. The stop loss below 110,500 protects against deeper downside, while the upside target at 114,000 matches the next resistance cluster. This provides a structured trade idea with balanced risk management.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Trading involves significant risk; please manage your capital responsibly and follow your own judgment before entering any trade.
Trade active
Note
The Bitcoin price reached at 113,000 from 111,500 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
More Market updates : Join my telegram channel
t.me/+T-DmNW7QW0k5MTdk
My telegram contact for direct reach to me @swing_trader24
t.me/+T-DmNW7QW0k5MTdk
My telegram contact for direct reach to me @swing_trader24
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.