Technical analysis by MarketsPOV about Symbol BTC: Buy recommendation (1/21/2025)
https://sahmeto.com/message/3189253

MarketsPOV
Rank: 12992
Analytical Power:
1.5

Bitcoin has retraced and remained supported by the fib 61.8% level and as far the below support holds, we should see a continuation of bullish wave 3 to above levels. Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime.For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.If you found this analysis helpful, please consider boosting and following for more updates.Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$122,500Stop Loss Price
$92,000First Support:
$92,500First Resistance:
$110,000Price at Publish Time:
$104,847.41