BUYS ON BITCOIN
2024-11-04

💡 Today we analyze Bitcoin (BTC)

Bitcoin remains to be a solid cryptocurrency and is at a key point in an upward trend. Currently, the price is near significant support, with a technical entry around $66,300. A stop loss at $63,800 and a profit exit at $72,800 could be viable strategies.

	1.	Stability for the Long Term: It is considered a store of value during times of economic instability.
	2.	Political Landscape: The upcoming elections in the U.S. and global economic challenges enhance its appeal as an alternative to traditional currencies.
	3.	Technical Opportunity: The upward trend and key support suggest an interesting entry point.
	4.	Risks: Volatility is high, and factors such as regulation could impact its price.

This analysis is not an investment recommendation. To analyze a specific asset, contact us on telegram.