#BTCUSDT | 1 HOUR TIMEFRAME UPDATE
2024-11-22

#BTCUSDT | 1 HOUR TIMEFRAME UPDATE

Based on the 4H and 1H charts, I'm maintaining a bullish outlook on #Bitcoin, anticipating another leg to the upside. A potential confirmation zone for opening a LONG position lies between $96,583 and $97,533.

Upside Targets 👇👇

$99,028

$99,572

$100,600

$101,960

$103,458


Risk Management ⚠️ 

The current Fear and Greed Index is at 94 (Extreme Greed), indicating heightened market risk. If you decide to trade based on this analysis, ensure that risk management remains your top priority.

Invalidation Level ❌

A break below $95,580 would invalidate this bullish scenario.

