Bitcoin Market Analysis

April 9, 2024

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⚪️TECHNICAL (1W)

BTC is retesting above the horizontal support and we can expect the continuation of the bull market for however long it is trading above the horizontal support. Good corrections are always healthy for the market as they clear the liquidity.

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⚪️WRAP-UP (VIP)

BTC is retesting above horizontal support, signaling potential continuation of the bull market. Corrections are healthy for market liquidity.

$BTC DAILY RANGE:

📈Upper Limit: 72900

📉Lower Limit: 69000

(+-13% based on moving average volatility open/endpoints)

📌SCALP ENTRIES (VIP)

(*Advanced traders only - moderate/high risk)

🔵LONG

💲69000

🔴SHORT

💲75000

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