📅 29 June 2025 – Bitcoin Trading Strategy in Sideways Market
Bitcoin has been moving sideways in recent days, which creates uncertainty — but also opportunity. In such a market, a Support and Resistance strategy can be very effective.
🔹 1. Identify the Support Level (Buying Opportunity) Watch for the lowest recent price levels where BTC repeatedly bounces. If BTC approaches that zone again with volume support, it might be a strong buy opportunity. ✅ Always use a stop-loss slightly below support to manage risk.
🔹 2. Identify the Resistance Level (Profit Zone) Check BTC’s recent highs where the price keeps getting rejected. If BTC nears this level again, it may be a good time to take profit or close long positions. 🔄 If resistance breaks, watch for new highs and adjust your strategy.
📌 Key Tip: This strategy needs constant monitoring and flexibility. Markets evolve, and so should your levels.
🔁 Like, Share, and Comment if you use this method or have your own BTC strategy!
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📅 29 June 2025 – Bitcoin Trading Strategy in Sideways Market
Bitcoin has been moving sideways in recent days, which creates uncertainty — but also opportunity. In such a market, a Support and Resistance strategy can be very effective.
🔹 1. Identify the Support Level (Buying Opportunity)
Watch for the lowest recent price levels where BTC repeatedly bounces. If BTC approaches that zone again with volume support, it might be a strong buy opportunity.
✅ Always use a stop-loss slightly below support to manage risk.
🔹 2. Identify the Resistance Level (Profit Zone)
Check BTC’s recent highs where the price keeps getting rejected. If BTC nears this level again, it may be a good time to take profit or close long positions.
🔄 If resistance breaks, watch for new highs and adjust your strategy.
📌 Key Tip: This strategy needs constant monitoring and flexibility. Markets evolve, and so should your levels.
🔁 Like, Share, and Comment if you use this method or have your own BTC strategy!
#BTC Gateio #CryptoTrading BitcoinAnalysis #SupportResistance 29June2025