BTC Lower Time Frame Analysis
On smaller time frames, Bitcoin ($BTC) has hit a support level on the chart. This support may push the price up toward a resistance zone. Currently, $BTC is trading within a range.
If a 4-hour candle closes below the invalidation level, this analysis will no longer be valid. For proper risk management, remember to set a stop loss and manage your capital wisely. When the price reaches the first target, take some profit and move your stop loss to your entry point.
Feel free to comment if you have any questions.
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