Bitcoin is currently trading around $66.4k USD, and structurally the price looks vulnerable to retesting lower levels until a convincing upward reversal confirmation appears. Below is an extended intraday (trading) plan with stop-losses/targets and a medium-term outlook for investors (not financial advice).
Intraday Technical Analysis
Current context: after an impulsive decline, the market often transitions into consolidation and "liquidity collection" before the next move, so it's better to work from predefined scenarios rather than improvising.
Key zones (reference points for plans, adjust to your M5–H1 timeframe):
Resistance: 67,200–67,600; then 68,800–69,300; followed by 70,000–71,100.
Support: 66,000–65,700; then 64,800–64,200; followed by 62,000–61,000; strong zone at 60,000.
Intraday Trades (stops and targets)
Scenario A — bounce from support (counter-trend, cautious):
Entry: limit/confirmation in the 66,000–65,750 zone (reaction + hold).
Stop-loss: 65,350 (below local wicks/false breaks).
Take-profit: TP1 66,900; TP2 67,450; TP3 68,000 (in parts, move stop to breakeven after TP1).
Scenario B — breakdown (with the trend):
Entry: short after confirmation below 65,700 or on retest of 65,700–66,000 from below.
Stop-loss: 66,350 (above retest zone).
Take-profit: TP1 64,800; TP2 64,200; TP3 62,000; TP4 60,000 (if strong momentum — trail by highs/MA).
Scenario C — reversal/breakout upward (only if market shows strength):
Entry: long after confirmation above 67,600 and retest from above.
Stop-loss: 66,950.
Take-profit: TP1 68,800; TP2 69,300; TP3 70,000–71,100.
Risk Management (to make the plan work)
Risk per trade: 0.5–1% of capital; if 2 stops in a row — pause/reduce risk.
Ratio: aim for trades with R:R minimum 1:2 (e.g., $600 stop, cumulative target $1,200+).
"Do not enter" triggers: wide candles without pullback, news/volatility spikes, lack of structure (levels being "cut" back and forth).
Fundamental Factors
In April 2024, the halving event occurred: miner rewards decreased from 6.25 to 3.125 BTC per block, structurally reducing emission rates. On January 10, 2024, the SEC approved the listing of 11 spot Bitcoin ETPs/ETFs in the US, simplifying BTC access through exchange infrastructure for some investors.
Medium-Term for Investors (3–12 months)
Basic approach — dollar-cost averaging (DCA) and risk control: a portfolio allocation that you're psychologically and financially comfortable holding during 30–50% drawdowns (historically normal for BTC). Focus on weekly structure: confirmation above key resistance increases the chances of trend reversal, while losing strong support (down to the 60k zone) signals the downside scenario isn't finished yet.
If you share your style (spot/futures, leverage, timeframe, and acceptable risk %), I can adjust levels, stops, and targets to your specific plan.
Hashtags:
#Bitcoin #BTC #Crypto #Trading #CryptoTrading #Cryptocurrency #TechnicalAnalysis #Investing #BTCUSD #Finance
Intraday Technical Analysis
Current context: after an impulsive decline, the market often transitions into consolidation and "liquidity collection" before the next move, so it's better to work from predefined scenarios rather than improvising.
Key zones (reference points for plans, adjust to your M5–H1 timeframe):
Resistance: 67,200–67,600; then 68,800–69,300; followed by 70,000–71,100.
Support: 66,000–65,700; then 64,800–64,200; followed by 62,000–61,000; strong zone at 60,000.
Intraday Trades (stops and targets)
Scenario A — bounce from support (counter-trend, cautious):
Entry: limit/confirmation in the 66,000–65,750 zone (reaction + hold).
Stop-loss: 65,350 (below local wicks/false breaks).
Take-profit: TP1 66,900; TP2 67,450; TP3 68,000 (in parts, move stop to breakeven after TP1).
Scenario B — breakdown (with the trend):
Entry: short after confirmation below 65,700 or on retest of 65,700–66,000 from below.
Stop-loss: 66,350 (above retest zone).
Take-profit: TP1 64,800; TP2 64,200; TP3 62,000; TP4 60,000 (if strong momentum — trail by highs/MA).
Scenario C — reversal/breakout upward (only if market shows strength):
Entry: long after confirmation above 67,600 and retest from above.
Stop-loss: 66,950.
Take-profit: TP1 68,800; TP2 69,300; TP3 70,000–71,100.
Risk Management (to make the plan work)
Risk per trade: 0.5–1% of capital; if 2 stops in a row — pause/reduce risk.
Ratio: aim for trades with R:R minimum 1:2 (e.g., $600 stop, cumulative target $1,200+).
"Do not enter" triggers: wide candles without pullback, news/volatility spikes, lack of structure (levels being "cut" back and forth).
Fundamental Factors
In April 2024, the halving event occurred: miner rewards decreased from 6.25 to 3.125 BTC per block, structurally reducing emission rates. On January 10, 2024, the SEC approved the listing of 11 spot Bitcoin ETPs/ETFs in the US, simplifying BTC access through exchange infrastructure for some investors.
Medium-Term for Investors (3–12 months)
Basic approach — dollar-cost averaging (DCA) and risk control: a portfolio allocation that you're psychologically and financially comfortable holding during 30–50% drawdowns (historically normal for BTC). Focus on weekly structure: confirmation above key resistance increases the chances of trend reversal, while losing strong support (down to the 60k zone) signals the downside scenario isn't finished yet.
If you share your style (spot/futures, leverage, timeframe, and acceptable risk %), I can adjust levels, stops, and targets to your specific plan.
Hashtags:
#Bitcoin #BTC #Crypto #Trading #CryptoTrading #Cryptocurrency #TechnicalAnalysis #Investing #BTCUSD #Finance
Trading Education & Asset Management!
We are hiring successful traders to join our in-office team!
Telegram: @GRAWDAYTRADER
Join our chat to discuss investment ideas: t.me/invest_club
We are hiring successful traders to join our in-office team!
Telegram: @GRAWDAYTRADER
Join our chat to discuss investment ideas: t.me/invest_club
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Trading Education & Asset Management!
We are hiring successful traders to join our in-office team!
Telegram: @GRAWDAYTRADER
Join our chat to discuss investment ideas: t.me/invest_club
We are hiring successful traders to join our in-office team!
Telegram: @GRAWDAYTRADER
Join our chat to discuss investment ideas: t.me/invest_club
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.