Correction before the rise of Bitcoin. D1 26.11.2024

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Correction before the rise of Bitcoin 📈

After Trump's victory, crypto is on everyone's lips, in particular bitcoin. A little bit not reaching the psychological level of 100k, the price began to correct. Judging by the structure of the movement, I expect that the downward movement is not a reversal, but a correction and rebound to 100k is ahead of us. Now there is a strong buyers' zone 88700-91900 on the way of fall, from which I expect the continuation of growth. The monthly profile of accumulation also falls into this zone. Perhaps a little false break of the zone will try to make, but in general the area is strong and we are waiting for 100k mark till the end of the year, and further on according to the situation.

BTCUSD

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تم فتح الصفقة

Reaction to the buying zone #Bitcoin 📈

Bitcoin gave a reaction to the zone of buyers 88700-91900, which published in the last analysis . Who entered, you can move at breakeven and take profit at the psychological level of 100.000. As it seems to me, we should rebound to this level, and then we should look at the situation, maybe the pullback will be deeper afterwards.

٥ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

Closed trade. TP hit on 100.000