Bitcoin Bullets® Market Analysis

NOVEMBER 30th, 2024

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⚪️TECHNICAL (H1)

On the H1 timeframe, the price action is consolidating within a symmetrical triangle pattern, showing signs of a potential bounce from its support trendline. 📐📊

This indicates that the trendline is acting as a key support level, providing a base for a possible upward move if the price sustains this level. Continued consolidation within the triangle could lead to a breakout in either direction. 🔄📈 / 📉

⚪️WRAP-UP (VIP)

On the H1 timeframe, the price action is supported by all EMAs, aligning with the horizontal support level, suggesting a potential bounce back. 📊📈

If this support holds, it could drive the price toward an upward movement, signaling bullish momentum in the short term. 🚀

$BTC DAILY RANGE:

📈Upper Limit: $99,200

📉Lower Limit: $90,954

(+-9.47 based on moving average volatility open/endpoints)

📌SCALP ENTRIES (VIP)

(*Advanced traders only - moderate/high risk)

🔵LONG

💲96,859

🔴SHORT

💲95,937