Technical analysis by AHAD_FX about Symbol BTC: Sell recommendation (10/4/2024)
https://sahmeto.com/message/2876821

AHAD_FX
Rank: 13278
Analytical Power:
1.5
Will Bitcoin collapse during Middle East Conflict ?
:Sell
Price at Publish Time:
$62,316.52
Profit Target:
(+8.53%)$57,000

Today we will give you the bitcoin projection . You saw bitcoin is being traded in a range . Since the conflict in middle east has been escalating so much , people are investing in metal as safe haven .Now comes to the point of crypto currency . I think that assuming the situation the values of crypto may dive down . There are many reasons to be Bullish scenario also ,But war situation Is Different in this case .The area is marked in the chart . I marked the probable rejection zone as "PLEVEL". If we see significant rejection here we can go for sell from here targeting 57k $ . Resistance : 63300,64100,65000Support : 61000,60000,57200
Source Message: TradingView