Bitcoin
Updated

Where can Bitcoin turn bullish again? (2D)

2 568
Before anything, pay attention to the timeframe of the analysis. This is a 2-day timeframe, so it will take time.

The green zone is where Bitcoin can start moving toward the specified targets. If the ATH is broken, Bitcoin could also move toward $120K and $140K. However, based on the chart, there is currently no certainty about Bitcoin’s final target.

Reaching the green zone may take more than 4 to 5 weeks.

We are looking for buy/long positions in the green zone.

A daily candle close below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
It dropped more than 20% and reached our entry zone

this analysis is still valid

snapshot

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