Bitcoin is currently displaying a rebound pattern towards the 85,000 - 85,500 zone, which is crucial to maintain its bullish momentum. I suggest entering a short position in this range with tight stop-losses to capitalize on the anticipated movement.
This analysis is based on a 1-hour timeframe, so we should expect results within 8 to 11 hours. If the expected price action does not occur within that timeframe, the trade will be considered invalid.
Be sure to follow me for ongoing updates and to continue generating profits!
We've successfully executed 6 trades in a row—let's aim for this to be the 7th, or we start fresh!
This analysis is based on a 1-hour timeframe, so we should expect results within 8 to 11 hours. If the expected price action does not occur within that timeframe, the trade will be considered invalid.
Be sure to follow me for ongoing updates and to continue generating profits!
We've successfully executed 6 trades in a row—let's aim for this to be the 7th, or we start fresh!
Trade active
Trade closed: stop reached
Bitcoin
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bitcoin
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.