$BTCUSD | 1H Trade Setup Update Position: 🟢 Long

$BTCUSD | 1H Trade Setup Update

Position: 🟢 Long

Trade Details:
• Entry: $68,178
• Stop Loss: $67,748
• Take Profit: $68,752

● Current Analysis:
Bitcoin is currently bouncing off support near $67,748 and moving toward a potential upside. The price is hovering above the 200-period Moving Average (MA) and is nearing a liquidity cluster around the $68.3K mark. The recent price action shows bullish divergence, signaling a potential continuation of the upward momentum.

● Technical Indicators:
• Momentum: Increasing, indicating growing buying pressure.
• Volume Profile: Suggests significant interest in the current range, with a potential push toward higher levels if the $68,752 resistance is broken.
• RSI: Aligning with bullish momentum, reinforcing the case for further upside.

● Outlook:
A breakout above $68,752 could confirm further upside, with the next target being the $70K zone. As long as Bitcoin holds above the $67,748 support, the bullish trend remains intact. Traders should monitor the volume and price reactionsaround these levels for confirmation of continuation.