Bitcoin Long Position with 20x Leverage Targets up to 145K USDT

In my analysis of BTC/USDT, I am considering a long position with a leverage of 20x on a cross margin basis. My entry points are between 118,237.76 and 118,398.10, with a stop loss set at 108,926.25 to manage risk. The target levels are progressively set higher, starting from 118,990.09 and reaching up to 145,004.52. These targets suggest a bullish outlook, anticipating significant upward movement in Bitcoin’s price. Given the substantial leverage and multiple target levels, it’s clear I believe in a strong bullish trend for Bitcoin, but the key is to monitor the market closely, especially around the entry zone and stop loss, to avoid sizable losses if the trend reverses. Trading with high leverage can amplify gains but also increases risk. I recommend disciplined risk management and watching for market signals that confirm the continuation of this upward momentum. Overall, I see potential for gains if the market moves in my favor, but caution remains essential due to the volatility involved.