Technical analysis by TradingForecast_Signals about Symbol BTC on 2/22/2024

The BTCUSDT is once again trading below the resistance level of $52,000, mainly moving sideways around the price level of $51,866, highlighting a 0.03% increase for the day. From the 4-hour chart, we observe that this coin has exhibited a double top pattern, and if it breaks below the support level of $50,600, the ultimate profit target that the market could aim for is at $43,000. The strategy is to buy when the price declines in the short term, as long as the support level of $43,000 is maintained for BTC.