Analysis: Bitcoin has shown solid recovery and is currently trading above $60,000. The previous resistance has turned into support, indicating a potential for further upward movement. Given the current market conditions, a long position at $59,800 could be favorable.
Strategy: Enter at $59,800 and set take-profit levels at $62,000, $64,000, and $66,000. Place the stop loss at $56,700 to manage risk.
Risk Management: Use 1% of your capital for this trade and adjust leverage according to your risk tolerance. Monitor price movements and adjust your position as needed.
Happy trading! 🚀 AND DON`T FORGE TO BOOST US :D
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:) We have better one`s :D BTC Don`t want breake UP :D
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