BTCUSDT SPOT
Updated

BTC New Update (4H)

835
This analysis is an update of the analysis you see in the "Related publications" section

Please note that we are in complex corrections, and trading in these areas requires thorough analysis. We aim to update our analyses step by step. In such conditions, it’s better to analyze the data rather than make predictions.

According to the previous analysis, we expect the price to reach the green zone.

The demand and supply zones in this analysis have been updated.

On the green zone, the price could potentially bounce upwards.

A daily candle closing below the invalidation level will negate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
Bitcoin has not yet reached our zone. We expect it to drop once more, touch our green zone, and then begin a bullish move.

If the red zone is broken, the next targets for Bitcoin could be 111K, and if this zone is also broken, the next target will be 120K.

Let’s take it step by step.

snapshot

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.