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Good morning Everyone
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BTC 1H Chart Market Update: It appears BTC is likely to drop to 80k, given that the 1H chart signaled a bearish momentum about an hour ago at 88,769. Here are the possible scenarios for BTC to re-enter a bullish trend on the 1H chart: Bullish Momentum Possibilities: 1. Reversal Above 89,800: If BTC reverses above 89,800, establishes a new resistance level, and breaks it, we may see a bullish shift. 2. Drop and Reversal Below 87,300: BTC could also enter bullish momentum if it drops below 87,300, then sees a reversal and breaks a new resistance level. 3. Break Above 93,421 (ATH): Finally, breaking the all-time high of 93,421 would signal a strong bullish entry on the 1H chart. Unless one of these scenarios unfolds in the coming hours, BTC is likely to continue its decline below 80,000. Given BTC has maintained a bullish trend from 69,947 up to 93,421, this current shift to bearish momentum at 88,769 suggests further drops may be possible. Stay tuned, and don’t mix this with the 15m chart analysis. Thank you.
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BTC Update 1️⃣ Market: BTC Momentum: Bearish Timeframe: 15m Entered Time: Nov 14 , 21:30 IST Entered Price: 88000 Expecting Drop: 84400-80900 Note: The 15m chart trends may change market momentum every 1-3 hours. If you are following our analysis, please ensure you also follow the latest updates. Always use proper risk management, such as setting Stop Loss (SL) and Take Profit (TP). If you wish to change your position based on the 15m chart, consider analyzing the market using a different timeframe. No one is forcing you to follow this analysis. Feel free to share this post with your friends on Telegram & Twitter and give it a like. Thank You
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Good morning Everyone BTC is still maintaining the Bullish Momentum. So whoever has a long position keeps hold . If there are any changes i will share the updates. Current support level 88,000 below if once break possible to drop below 84,000 . If not broken 100k possible to rise . Thank You
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Good night everyone I will be back online after 6 Hours. Trade with your responsibility. Always properly select the margin and handle your risk. Thank You
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