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#GateSquareAprilPostingChallenge Bitcoin ,$BTC is currently holding above a key demand zone within a descending triangle pattern.
Entry range suggested: $66.2K – $66.8K.
Breakout entry level: Above $68.5K.
Stop Loss (SL): $64.8K.
Target Levels & Bearish Scenario:
Upside targets: $69.5K, $71K, $73.5K.
Bearish flip if price drops below $64.8K, with further downside targets at $62.5K and $60.8K.
Market Sentiment & Strategy:
Liquidity is building, indicating potential for volatility.
The author expects a possible fakeout before a genuine breakout.
Patience is emphasized as key for traders in this setup.