Technical analysis by AnalisisDeBolsaDiario about Symbol BTC: Buy recommendation (11/4/2024)

💡 Today we analyze Bitcoin (BTC)Bitcoin remains to be a solid cryptocurrency and is at a key point in an upward trend. Currently, the price is near significant support, with a technical entry around $66,300. A stop loss at $63,800 and a profit exit at $72,800 could be viable strategies.1.Stability for the Long Term: It is considered a store of value during times of economic instability.2.Political Landscape: The upcoming elections in the U.S. and global economic challenges enhance its appeal as an alternative to traditional currencies.3.Technical Opportunity: The upward trend and key support suggest an interesting entry point.4.Risks: Volatility is high, and factors such as regulation could impact its price.This analysis is not an investment recommendation. To analyze a specific asset, contact us on telegram.