BTCUSD H1 ANALYSIS
2024-12-09

Bullish Outlook:

Bitcoin prices are experiencing a significant uptrend, driven by increasing adoption and institutional investment. As investors seek exposure to the cryptocurrency market, Bitcoin has emerged as a top choice, attracting strong buying interest.

Risk Management:

1. Stop-Loss: Set at $97,570
2. Position Sizing: Manage position size to avoid over-exposure to market volatility
3. Risk-Reward Ratio: Set at 1:2 or 1:3 to ensure potential rewards outweigh potential risks

Target:

- Primary Target: $103,515

Best Wishes Tom 😎