【$BTC Signal】Long | Breakout and Retest Confirmation

$BTC After breaking the previous high on the 4H timeframe, a healthy retest is underway. The price is consolidating tightly in the $69,000-$69,700 range, with buying pressure continuously absorbing the pullback, and no significant selling pressure observed.

🎯 Direction: Long

🎯 Entry: $69,300 - $69,600

🛑 Stop Loss: $68,400 ( Rigid Stop Loss )

🚀 Target 1: $71,500

🚀 Target 2: $73,200

Hardcore Logic: After breaking through the key resistance at $69,000, there was no significant retracement, indicating the breakout is valid. The 4H candlestick shows limited retracement, and the latest candle closes at a high level with clear buying absorption. Although Taker Volume indicates active selling, the price remains firm, which suggests that the main force is clearing out short-term traders after the breakout. Open interest remains stable, and the funding rate is slightly negative, eliminating short-term overheating risks and laying a foundation for healthy upward movement. The probability of moving higher is greater as long as the key support at $68,400 is not breached.

Trade here 👇 $BTC

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