Bitcoin Today Analysis Strategy
2024-11-28

BTCUSDT has broken out of the parallel channel on the 4-hour chart and the retest seems to be complete.
Since BTC’s dominance is gradually decreasing, BTC may bounce off the support. This suggests that BTC may enter a sideways movement, which may create favorable conditions for a rebound.

Key Support Areas:
Major Support Area: $89,632 – $87,021
Minor Support Area: $78,567 – $75,829