Bitcoin Long Trade Setup

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Bitcoin Long Trade SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDGOLD-MASTER-TRADETrend: Price is rebounding from a strong support zone around 59,400. Entry: Buy above 59,450–59,550 after a bullish candle closes. Take Profit 1: 60,400 Take Profit 2: 61,200 Final Target: 63,100–63,150 (matches the marked target area on the chart). Stop Loss: 58,430 (below the marked support). Why a Buy? Higher lows are forming after the recent rejection from support. Buyers are defending the 59.4K area. The chart projects a move toward the 63.1K resistance if momentum continues.