Bitcoin Today Analysis Strategy
2024-10-20

A few days ago, the price almost fell to support level 2, but soon turned around and started to rise. In a short period of time, BTC rose to support level 1, which coincides with the current support area, and traded nearby for a while, and then fell to support level 2. When the price fell, it broke through the 62000 support level and traded below for a while, after which it quickly recovered and went higher. Later, the price fell below support level 2 again and fell to the trend line, and then turned around and started to rise. Soon, the price reached support level 2, fell below it, and then corrected the trend line, and then rebounded and continued to rise. Later, BTC reached support level 1, fell below it, and rose again, but not long ago it turned around and started to fall. So, in my opinion, BTCUSDT will fall to the trend line located in the support area and then continue to rise. For this case, I set the target at 69000 points.
 BTC continues to grow, without a decline movement to the trend line. But I think, now it can fall to the trend line and then continue to grow. For this case, I set a new goal of 69500 ​​points:
BTC reached my goal, but then made little correction. For this case, I think it will decline a little more and then rebound up to my goal.