Trading Analysis of Bitcoin

Trading Strategy
Long Setup:

• Enter on a confirmed breakout above $77,000 with high volume. Place a stop-loss below $74,500.
  
• Target levels: $80,000 and $82,000.
  

Short Setup:

• If rejection occurs near $77,000, consider shorting with a stop-loss above the resistance. Targets could be $74,500 and $72,000.
  

Scalping Opportunity:

• Look for quick scalps within the channel bounds, buying near support levels and selling near resistance.