# Bitcoin (BTC) Intraday Trading Plan

## I. Current Core Environment

- Price Range: Oscillating around 70,000
- Structure: 4-hour chart needs bounce repair, daily chart still under pressure
- Key Levels: 68,800-69,000 strong support / 71,500-72,400 strong resistance

## II. Bullish Strategy (Pullback Long)

**Entry Range**

68,900 – 69,200

**Stop Loss**

Below 68,600 (breaks recent support structure, abandon long position)

**Take Profit**

- First Target: 70,800-71,000
- Second Target: 71,800-72,200

**Trigger Conditions**

1. 4-hour candlestick no longer makes new lows
2. KDJ maintains golden cross, no sharp decline on heavy volume

## III. Bearish Strategy (Bounce Short)

**Entry Range**

71,600 – 72,000

**Stop Loss**

Above 72,600 (breaks short-term suppression zone, short position risk increases sharply)

**Take Profit**

- First Target: 70,200-70,500
- Second Target: 69,000 round level

**Trigger Conditions**

1. Bounce on low volume, 4-hour candle shows upper shadow
2. Re-pressured by short-term moving averages

## IV. Risk Management & Position Sizing (General Recommendations)

- Single Position: 1%-3% of total capital
- Avoid chasing rallies or panic selling, only place limit orders at key levels
- Plan becomes invalid once price breaks below 68,000 or solidly closes above 72,500

## V. Intraday Observation Points

- Heavy volume close above 70,500 → Bias toward bullish repair
- Heavy volume break below 69,000 → Resume weakness
- During volatile swings, only trade one direction with the trend, avoid counter-trend holding