Technical analysis by مهدی خدایی|کریپتو 📊 about Symbol BTC on 8/6/2024
https://sahmeto.com/message/2525295

مهدی خدایی|کریپتو 📊
Rank: 9
Analytical Power:
4.4
📈 #BTC 4H 📊Bitcoin rose very quickly from the $50,000 mark with buying pressure, and then returned to the $50,000 level with a strong bearish movement and closed many trades with stops. This correction was necessary to balance the market and clear one-sided positions. The global markets are improving, so Bitcoin will probably find better conditions as well. 📝 In the current situation and with the extreme fluctuations of Bitcoin, the market is still risky and the possibility of correction is higher, so be patient until the next update.
Translated from: Farsi
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Signal Type: Neutral
Time Frame:
4 hoursFirst Resistance:
$59,911Price at Publish Time:
$56,454.08