TradeCityPro | Bitcoin Daily Analysis #369

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TradeCityPro | Bitcoin Daily Analysis #369Bitcoin / TetherUSBINANCE:BTCUSDTtradecitypro👋 Welcome to TradeCity Pro! Let’s take a look at Bitcoin. The bullish move in the market has started! ⌛️ 1H Timeframe Yesterday, Bitcoin managed to establish a close above 76,793 and started a bullish move. 🔔 This move is still ongoing, and price has even broken above 79,274. 📊 Buying volume has increased significantly, while RSI has also established above 70 and entered the overbought zone. ✨ If you already have a long position, I suggest keeping it open as long as RSI remains in the overbought zone, and taking profit once RSI exits the overbought zone. 💡 There is an important resistance zone between 81,289 and 82,561, and there is a high probability of price being rejected from this zone. However, if price maintains its momentum and manages to break through this zone, a very sharp move could begin. ✔️ For a new position, we currently don’t have a trigger. I’ll personally wait for a proper structure to form before opening a position. ❌ 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.