Quick Bitcoin Analysis – 30-Minute Timeframe

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Quick Bitcoin Analysis – 30-Minute TimeframeBitcoin / TetherUSBINANCE:BTCUSDTarzdigitalisthaQuick Hey friends πŸ‘‹ Bitcoin was recently moving inside a weak upward channel on the 30-minute chart. But now, it has broken below the channel with a strong bearish candle. This suggests we’re entering a short-term correction. πŸ”Ή However, don’t forget β€” the overall trend is still bullish. This drop looks more like a healthy pullback, not the start of a full downtrend. 🎯 Possible Targets for This Correction: βœ… Target 1: Around $114,500 (This comes from measuring the width of the broken channel.) βœ… Target 2: Strong support near $113,500 (This level has shown solid buyer interest in the past.) πŸ“Š The RSI is also approaching the oversold zone, which means we might see a small bounce or slowdown in the drop soon. πŸ“Œ In short: This is likely just a dip in a bigger uptrend. Be patient, watch key support zones, and don’t rush into trades. Always stick to proper risk management! πŸ’Ό Bitcoin Analysis – 30-Minute Timeframe