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Bitcoin BTC Intraday Trade Setup
Bitcoin / TetherUS PERPETUAL CONTRACT
Long
Bitcoin BTC Intraday Trade Setup
By Trade-Lean
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May 7, 2024
3
May 7, 2024
Bitcoin lacks the momentum and is gathering liquidity around $63,245 that will continue to act as the magnet.
A quick dip to below $63,245 towards $63,244 or the zone around $60,239 followed by a strong bullish rejection can lead to a long scalp opportunity.
A consolidation above $63,245 will be considered as a sign of strength and will lead to more upside.
More details in the signature.
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