4-Hour Chart Outlook

In the short term, we can consider a long position with a fairly conservative stop loss (SL). On the 4-hour chart, the market is in an oversold condition, which suggests a potential bullish bounce in the coming days.

Given this scenario, we could consider entering a long trade with the aim of taking advantage of this possible bullish momentum before the end of the week. However, it is essential to set a strict stop loss to limit potential losses in case the market moves in the opposite direction to our expectation. #BTC☀️ $BTC