BTC momentum is positive, but I want confirmation above the range
Bitcoin is pressing the upper part of its recent range with improving momentum. The setup becomes more attractive only if the breakout holds on closing basis. A failed breakout back below the range would invalidate the idea quickly.
Published83619.75
Entry83200
Target87500
Invalidation80750
Community forecast · not investment advice
The close above the range is the key for me too. Volume confirmation would improve the setup.
Good invalidation. If the breakout fails quickly, the downside can accelerate.