Bitcoin on 4h chart
Updated
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Bitcoin is a word, that resonates throughout the cryptocurrency world and beyond. It brings with it magic and endless opportunities for traders and investors.
Bitcoin is famous for its volatility, which opens up innovative possibilities for traders. In a single day, its value can rise or fall by thousands of dollars, creating ideal conditions for successful trades.
If you're here, you're probably interested in Bitcoin analysis, so I'm happy to share my thoughts with you!
https://www.tradingview.com/x/tRu5FnYi/
On the chart, I've marked areas of interest in blue. Why? Because their movement indicates the beginning of accumulation (the lower circle) and the start of distribution (the upper circle)! The price formation is very similar, so by flipping part of the formed price in the accumulation zone, we can assume that the price will form identically (only in reverse) in the distribution zone.
If the assumption is correct, we may see a price level of $28,000 - $28,500 in the near future! After that, I expect a price decrease, but it's essential to carefully analyze further price formation!
Get ready for an exciting journey into the world of Bitcoin. This cryptocurrency is constantly changing, so study, analyze, and trade wisely. Risks and opportunities are open to you. May your trades always be profitable! 💰🚀
Don't forget always to be cautious and invest only what you can afford to lose. Bitcoin is intriguing and attractive, but the risks are significant too. Best of luck on your path to successful trading! 🌟
What do you think the price will do next? Share your thoughts! I'm looking forward to your comments!
Sincerely, Your
Kateryna
Bitcoin is a word, that resonates throughout the cryptocurrency world and beyond. It brings with it magic and endless opportunities for traders and investors.
Bitcoin is famous for its volatility, which opens up innovative possibilities for traders. In a single day, its value can rise or fall by thousands of dollars, creating ideal conditions for successful trades.
If you're here, you're probably interested in Bitcoin analysis, so I'm happy to share my thoughts with you!
https://www.tradingview.com/x/tRu5FnYi/
On the chart, I've marked areas of interest in blue. Why? Because their movement indicates the beginning of accumulation (the lower circle) and the start of distribution (the upper circle)! The price formation is very similar, so by flipping part of the formed price in the accumulation zone, we can assume that the price will form identically (only in reverse) in the distribution zone.
If the assumption is correct, we may see a price level of $28,000 - $28,500 in the near future! After that, I expect a price decrease, but it's essential to carefully analyze further price formation!
Get ready for an exciting journey into the world of Bitcoin. This cryptocurrency is constantly changing, so study, analyze, and trade wisely. Risks and opportunities are open to you. May your trades always be profitable! 💰🚀
Don't forget always to be cautious and invest only what you can afford to lose. Bitcoin is intriguing and attractive, but the risks are significant too. Best of luck on your path to successful trading! 🌟
What do you think the price will do next? Share your thoughts! I'm looking forward to your comments!
Sincerely, Your
Kateryna
Trade closed: target reached
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