{"id":39054,"date":"2025-07-28T07:47:44","date_gmt":"2025-07-28T07:47:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39054"},"modified":"2025-07-28T07:47:44","modified_gmt":"2025-07-28T07:47:44","slug":"here-is-the-bitcoin-price-level-that-could-be-an-attractive-entry-point-for-btc-bulls","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39054","title":{"rendered":"Here is the Bitcoin Price Level That Could be an Attractive Entry Point for BTC Bulls"},"content":{"rendered":"
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As bitcoin (BTC) holds near its record highs, traders looking to join the uptrend may be facing a dilemma: should they enter now, or wait for a more favorable pullback?<\/p>\n

According to Markus Thielen, founder of 10x Research<\/a>, a pullback to the former resistance-turned-support level of the May high, under $112,000, would be the best entry point.<\/p>\n

“We would prefer to see bitcoin retest its $111,673 breakout level to provide a more favorable risk\/reward entry point,” Thielen said in a note to clients Monday.<\/p>\n

The risk-reward ratio\u00a0compares the potential loss of an investment to its potential profit, helping traders determine whether the potential gains justify the associated risks. Traders typically target a risk-reward ratio of at least 1:2, necessitating bullish entries close to key support levels, like the $111,673 in BTC’s case.<\/p>\n

It’s common for markets to revisit the breakout points before staging bigger bull runs, meaning a potential pullback to $111,673 cannot be ruled out. As of writing, BTC traded flat at around $119,500, having risen over 1% on Sunday amid reports that the U.S. had reached the largest-ever trade deal with the European Union.<\/p>\n

But what if the meaningful pullback doesn’t unfold? In that case, the best entry would be above $120,000, marking a breakout above the trendline connecting July 14 and July 23 highs.<\/p>\n

“A break above the descending trendline, particularly a sustained move above $120,000, could justify re-engaging with the trend, though it would warrant unusually tight stop-losses,” Thielen said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

As bitcoin (BTC) holds near its record highs, traders looking to join the uptrend may be facing a dilemma: should they enter now, or wait for a more favorable pullback? According to Markus Thielen, founder of 10x Research, a pullback to the former resistance-turned-support level of the May high, under $112,000, would be the best […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39054","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39054"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39054\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}