Bitcoin
Long
Updated

BTC/USD (Bitcoin) chart on the 1D (Daily) timeframe..

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BTC/USD (Bitcoin) chart on the 1D (Daily) timeframe 👇

✅ Current Price: around $115,000
✅ Structure: Price bounced perfectly from the ascending trendline and cloud support zone.
✅ Trend: Bullish recovery forming after correction.


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🎯 Target Levels

1. Primary Target: $122,000 – $124,000

This matches my marked “Target Point” area on the chart.

It’s also near the previous swing high and upper resistance zone.



2. Extended Target (if breakout continues): $126,000 – $128,000

Possible if daily candle closes above $124,000 with strong momentum.





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🛡 Support / Stop-Loss

Strong support zone: $112,000 – $113,000 (trendline + Ichimoku cloud base).

Stop-loss (swing setup): below $111,000 — a clean invalidation of bullish structure.



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🔍 Summary

Trend bias: Bullish

Buy zone: $114,000 – $116,000

Target 1: $122,000 – $124,000

Target 2: $126,000 – $128,000

Stop-loss: below $111,000
Trade active
trade active

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