#BTCUSDT | DAILY TIMEFRAME UPDATE
2024-11-02

#BTCUSDT | DAILY TIMEFRAME UPDATE

In my last #BTC analysis, Bitcoin didn’t quite reach the grey zone before surging upward.

This setup is similar: we’ll wait for the price to approach the $63,153 - $64,700 range. Once it enters this zone, we can look for confirmation on the 1H timeframe to open a LONG position.

Note: If #Bitcoin reaches this area, expect a strong drop across most altcoins. There's a chance BTC may not touch this zone again, but in my opinion, this is the ideal scenario for entry.

Once the price enters the grey area and provides confirmation, I'll share the targets. ✅

If the price drops below $58,846, the setup will be invalidated. ❌


