Bitcoin (BTC) Analysis and Trading Strategy #BTC100KTrumpEffect
- Current Price: $101,453
- Support: $100,000
- Resistance: $105,000
Trading Strategies:
1. Day Trading: $BTC
- Entry: Buy above $105,000 if volume confirms.
- Take Profit: $110,000–$115,000.
- Stop Loss: Below $100,000.
2. Swing Trading: $BTC
- Entry: Buy at $100,000 on a rebound.
- Take Profit: $110,000–$115,000.
- Stop Loss: Below $95,000.
3. Scalping: $BTC
- Execution: Trade on 1-5 min charts, aiming for small, quick profits.
- Risk Management: Use tight stop losses.
Crypto trading carries risks. Trade wisely.