Bitcoin Analysis
Updated
#Bitcoin
As long as BTC fails to break the $35,280 level, it may aim for a downward movement towards $33,380.
Therefore, it's advisable to be cautious in long trades until the $35,280 level is achieved.
NFA.
As long as BTC fails to break the $35,280 level, it may aim for a downward movement towards $33,380.
Therefore, it's advisable to be cautious in long trades until the $35,280 level is achieved.
NFA.
Note
If Bitcoin loses the $34,174 support, it will likely drop faster to our expected target of $33,380. As long as Bitcoin remains above $34,174 and closes candles, it may retest the $35,280 level.NFA.
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With the surpassing of the $35,280 level and the occurrence of candle closes above it, the market structure in Bitcoin has shifted, leading to an upward movement. We will update the analysis soon.NFA
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