Bitcoin Buy Levels and Time Validity (Shortterm)

This chart shows key buy levels for Bitcoin, each corresponding to a specific timeframe. The topmost price level ($57,115) is valid until the first vertical date line. The next lower price level ($56,795) is valid until the second vertical date line, and so on. Each price level is applicable until its respective date, helping to identify potential buy opportunities as Bitcoin's price interacts with these zones. The support line is moving along a linear path, decreasing by $320 each day.

This analysis does not claim that Bitcoin's price will drop to the given levels. However, it suggests that if the price reaches these levels by the indicated dates, there is a strong likelihood of a rebound.

These levels will become relevant as time progresses towards the marked dates. Here are the dates and the levels:

17.08.2024: $57115
18.08.2024: $56795
19.08.2024: $56475
20.08.2024: $56155
21.08.2024: $55835
22.08.2024: $55515
23.08.2024: $55195
24.08.2024: $54875

Disclaimer: The information provided in this chart is for educational and informational purposes only. It should not be considered as financial or investment advice. Trading cryptocurrencies involves substantial risk, and you should carefully consider your investment objectives, level of experience, and risk appetite. Past performance is not indicative of future results. Always do your own research or consult with a licensed financial advisor before making any investment decisions.

Trade smart, stay safe.

Atilla Yurtseven
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