BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT
BTCUSD

We've got another Bitcoin analysis for you.
The short-term future of Bitcoin will be decided by the price action between 2024 and 18,000 USD.
There are two probable return scenarios for Bitcoin, based on the examination of the price movement pattern and the candle structure over the past three hours.
If the price can close over the 19836 candle level, there is a probability of a price increase to the 20,900 level, which would bring us back to the 20,000 level (or even higher).
In the second scenario, the price is anticipated to return to 18015 if it stays below 18836 and ends its candle below 18630.
In either case, if we have the aforementioned approvals, we may enter the position in a one-hour timeframe and advance in the trend's direction.

After getting confirmation, a range of 18630 is the best place to set a stop-loss for a buy position.
after receiving confirmation, the 19836 range should be used as the best stop-loss for the sell position.


If the analysis meets your needs, tell your friends about it.

CrazyS.
Trade closed: target reached:
The predicted pattern worked correctly
Trade closed: target reached:
22251.26 level reached

🚀Free Exclusive positions and Crypto tracking💎:
📲 Telegram: t.me/CrazyS_Tradingview_Analysis

Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.