*Bitcoin Analysis*
SEPTEMBER 28th, 2024
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⚪️TECHNICAL (H4)
After its breakout, the price action retested above the level and is now heading toward the upper-side liquidity, forming another high. 📈🔄
The horizontal resistance is highlighted between $68,412 and $67,660, where liquidity resides, potentially ready to be squeezed out. 💧📊
⚪️WRAP-UP (VIP)
On the H4 timeframe, the price action bounced back from its crucial support level, marked between $64,979 and $64,210. 📊🔄
However, on the H1 timeframe, the price action failed to print a higher high, signaling a short-term effect and possible minor rejection. 📉⚠️
$BTC DAILY RANGE:
📈Upper Limit: $68,263
📉Lower Limit: $60,490
(+-6.01% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲65,400
🔴SHORT
💲68,247
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