hafeezrahman741

BTC/USD technically analysis and awesome trading set-up

Long
BITSTAMP:BTCUSD   Bitcoin
BTC/USD market structure clearly Bullish because it has given break of structure on every timeframe special on weekly and daily timeframe there are clearly bullish order block and fvg zone for buying.
As the market structure is bullish so any drop in market will be just bullish retracement and good opportunity for taking long position on BTC.
Here I will share the suitable buying zones wchil can flip your accounts double or more .
The 1st buying zone is 63500-64500 which has potential to pump the market upto 67k and 69k and 71k.
The next power buying zones based on weekly and daily timeframe confirmation is 61500-63000 which has potential to pump the market upto 66k,69k and 73k.
The Exit point from all kinds of bullish trades is 58k

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.