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Technical analysis by MCFractalStudies about Symbol BTC on 12/20/2024

https://sahmeto.com/message/3341494
MCFractalStudies
MCFractalStudies
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The market has experienced a decline over the past few days, leading to the liquidation of leveraged long positions and the introduction of new liquidity. This may represent a healthy correction within the context of the broader market trend, which remains firmly upward. As such, the optimal strategy continues to be to buy on dips.Key levels to monitor include the strong support area around 84,500, with additional support at the 73,000 level. While these support levels may not be reached, it is wise to stay alert for potential buying opportunities if the market approaches them.Take care!

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$71,240.3
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