Bitcoin Bullish Scenario: Breakout & Retest Idea📈 Bullish Scenario: Breakout & Retest of the $95,000–$99,500 Zone 🚀
🔹 Idea:
Price breaks above the strong resistance around $95,000 and holds it as new support on a retest.
🎯 Potential Entry:
✅ Trigger: A clear break and close above $95,000 on the 1H or 4H chart, followed by a pullback to retest $95,000–$96,000 as support.
✅ Confirmation: Enter on the first bullish candle or bullish engulfing pattern confirming the retest holds.
🔻 Stop-Loss Placement:
🔸 Aggressive: Below the breakout zone ($94,000–$94,500).
🔸 Conservative: Below the last swing low prior to the breakout ($92,000–$93,000).
🎯 Targets:
🎯 T1: $99,500 (next immediate resistance).
🎯 T2: $105,000–$109,000 (upper resistance on the chart).
💡 Consider taking partial profit at T1 and moving stop-loss to breakeven.
⚠️ Risk Management Tips:
🔹 Risk only 1–2% of your capital per trade.
🔹 If the retest fails quickly and price closes back below $95,000, exit early to minimize losses.
📢 Disclaimer: This is for educational and informational purposes only and not financial advice. Always do your own research and manage risk accordingly before making any investment decisions.
📊 What’s your take on this setup? Drop your thoughts in the comments! 👇🔥
