How Traders Can Profit From Bitcoin’s Range Bounce Setup

[chainsniff]

Bitcoin Coinbase Premium Gap. Source: CryptoQuant

Bitcoin is showing a familiar pattern that traders can use to their advantage.

After dropping below $69K, BTC is forming a fractal similar to previous rebounds. If price reclaims the $70K–$72K zone, it could trigger a move back toward $76K.

How to make money from this setup:

Look for confirmation: Wait for BTC to reclaim $70K with strong volume

Enter on strength: Consider long positions after a confirmed breakout above $72K

Target resistance: Take profits near $75K–$76K

Manage risk: Set stop-loss below $68.3K in case the setup fails

This is a classic “liquidity sweep → reversal” pattern where overleveraged traders get wiped out before price moves higher.

[ed]

Set stop-loss at $68.3K so it can hit it exactly before going up