Bitcoin Market Analysis
April 24, 2024
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⚪️TECHNICAL (1D)
BTC is following the predicted trajectory, currently retesting above the 50% retracement level and showing signs of gaining momentum for further upward movement. The overall market sentiment remains positive; however, volatility may increase as we approach the monthly candle closing.
⚪️WRAP-UP (VIP)
BTC is following the predicted path, retesting above the 50% retracement level with increasing momentum for further gains. Market outlook is positive, but expect volatility around the monthly candle closing.
$BTC DAILY RANGE:
📈Upper Limit: 67200
📉Lower Limit: 65765
(+-9% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲65000
🔴SHORT
💲70000
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