TradeCityPro | Bitcoin Daily Analysis #374

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TradeCityPro | Bitcoin Daily Analysis #374Bitcoin / TetherUSBINANCE:BTCUSDTtradecitypro👋 Welcome to TradeCity Pro! Let’s analyze Bitcoin. The market correction has continued since yesterday. ⌛️ 1-hour timeframe After Bitcoin consolidated below the 85,326 zone yesterday, it started a bearish move that has continued to 83,274 for now. ⭐ Considering the reaction the price showed at this level and the RSI finding support around 30, it seems that the correction has ended for now. 🔍 If the price manages to consolidate above the 85,326 zone again, we can hope for the bullish wave to start again. Otherwise, the price will likely enter a ranging and corrective phase, and for now, we won’t have any significant momentum in the market. 📊 For a short position, if the price forms a lower high below 85,326, we can open a short position. For now, since we don’t have confirmation of a trend reversal, it doesn’t make sense to look for a short position. ⛏ If the correction continues further, the next support levels are 81,646 and 80,145. If the price manages to consolidate above 85,326 and starts a new bullish wave, the resistance levels we have are 87,016 and 90,279. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.