$BTC update Plan 26/11/2024. BTC has already had a test at the $95,000 area before plunging straight down to $92,500. Currently, the volatility of BTC has expanded, and the price drop is to allow the market to balance. I have warned about these recent posts.
🔹Currently, BTC is fully capable of dropping to the support zone at $88,700-90,440; if it truly overlooks this, it will fill the gaps below $87,000 and $84,000. However, in the H4 frame, I see that BTC just wants to shake off to regain the liquidity of the dense Long positions below. Then continue sideways and return. In the case of an unavoidable deep drop, just sit still.
🔸At the support zone of $88,700-90,400, you can consider going Long around this area. SL around 800-1000 price and TP at $94,000-98,000.
🔹Conveniently, as BTC drops, it will also match the entries of the SPOT limit that Trading Insight has posted. Quite on point, right? 😁