BTCUSD / Bitcoin Trade Idea
2024-10-15

Bitcoin looking decent for a bit more push to the upside. Here's my thoughts and plan.


I like this momentum so ideal scenario A) is we have a minor pullback ideally into $65.000 area and push from there. M15 - H1 candle showing strong bullish intention is a must here. 

Scenario B) is something I will be more cautious based on HTF narrative. Will look for buy as a scalp and if BTC rejects from this level I'll consider taking a trade for higher prices. 

There is also C scenario that I consider to short this pullback but this might be quick so I won't cover it in this idea but I'm looking for this intra day setup as well. 