BTC 4H Short Term Recovery
2024-10-04

Bitcoin's price is facing strong support in the 60500 zone (green).  This matches a wave count considering green wave V is wrapping up and bullish RSI divergence is present.

Therefore, in the short term, I expect BTC to recover some value.

The 50% - 61.8% zone (between 63150 and 64000) is an interesting target for this recovery.