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【$BTC Signal】Bulls Building Momentum, Pullback Confirmation to Watch for New Highs
$BTC price pulled back with declining volume after creating new highs on the 4H timeframe, a typical profit-taking digestion and bull accumulation pattern. Under negative funding rate conditions, price remains resilient, indicating short positions have elevated carry costs and creating short squeeze fundamentals. On the 1-hour level, buying interest has regrouped above key support (EMA20/50), sell pressure is fading, and bull structure remains intact.
🎯 Direction: Long
⚡ Entry: 73500 - 73800
🛑 Stop Loss: 71958
🚀 Targets: 76585 / 78128
🛡 Strategy: Take half profits at first target, move remaining position to breakeven, aim for second target.
Check real-time charts 👇 $BTC
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