BTC - Scenario 1 or Scenario 2 or Worst Case ?

#BTC/USDT #Analysis
Description
---------------------------------------------------------------
+ BTC is currently trading around the support zone, and the support is holding strong. According to Scenario 1, I expect the price to bounce back from this support zone.
+ Scenario 2: If BTC loses this support, the next support is around 60K. If BTC reaches this support line, there is a chance of a price bounce back, but it will weaken the overall BTC trend.
+ Worst Case: If BTC drops below 60K, the worst-case support level is at 56K. We can expect the price to hit this support zone and potentially bounce back from it.
+ Let's see which scenario plays out.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------

Entry Price: 66128
Stop Loss: 63500
------------------------------
Target 1: 67500
Target 2: 69500
Target 3: 71000
Target 4: 73000
------------------------------
Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo

تعليق:

Scenario 1 failed,
Currently price moving as per scenario 2