BTC on daily and 4H
Hello traders,
I would like to share my opinion on BTC (Bitcoin) for today. Currently, BTC is in a sideways range, indicating a higher level of risk for entering positions. It would be prudent to wait for additional candle formations, such as (FVG) in the 4-hour timeframe, to obtain a lower-risk position.
In my analysis, I have identified the critical zones at $65,000 and $62,000. It is advisable to wait for the price to reach these zones and then make a decision on whether to buy or sell.
Remember to closely monitor the price action, consider other technical indicators, and be aware of any news events that could impact the price of BTC.
Please note that trading cryptocurrencies carries risks, and it's important to conduct thorough research, implement proper risk management techniques, and make informed decisions based on your own risk tolerance and financial situation.
If you have any further questions or need clarification, feel free to ask.
I would like to share my opinion on BTC (Bitcoin) for today. Currently, BTC is in a sideways range, indicating a higher level of risk for entering positions. It would be prudent to wait for additional candle formations, such as (FVG) in the 4-hour timeframe, to obtain a lower-risk position.
In my analysis, I have identified the critical zones at $65,000 and $62,000. It is advisable to wait for the price to reach these zones and then make a decision on whether to buy or sell.
Remember to closely monitor the price action, consider other technical indicators, and be aware of any news events that could impact the price of BTC.
Please note that trading cryptocurrencies carries risks, and it's important to conduct thorough research, implement proper risk management techniques, and make informed decisions based on your own risk tolerance and financial situation.
If you have any further questions or need clarification, feel free to ask.
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