$BTC 2h Overview

I expect BTCUSDT to attempt another push higher, given the bullish undercurrent and the reclaim above the equilibrium level.

A long setup becomes attractive if price pulls back into the 69,700–68,800 demand area and gives a bullish reversal signal. Entry could be placed after confirmation, targeting 71,400 and 71,817, then 73,900.

If price sweeps above 71,817 and quickly reverses with a strong bearish candle, that could indicate a fakeout and offer a short opportunity down towards 69,700 or even 68,800.

My view is bullish as long as price holds above 68,800 and especially above the recent swing low at 67,360. If price closes below 67,360 with heavy momentum, I’d shift to a bearish outlook and look for deeper dips to 66,400 or even 65,618.

Wait for confirmations like pin bars, strong engulfing candles, or lower timeframe structure shifts before entering. For example: If BTC dips to 69,700, forms a pin bar or bullish engulfing candle on 15m or 30m, that’s a good long trigger. If it sweeps above 71,817 and instantly rejects with a bearish engulfing, that’s a short trigger.

Remember, always protect your trade by placing the stop-loss at a significant swing high or low, not too close to avoid getting wicked out by volatility.