Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
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Analysing the past to capitalize the future.
Not financial advice
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Hashed Plutus (Crypto Signals, Technical Analysis, Education and News) pinned «1- The standard risk would be your 1% to 3% of your balance. 2- We hope to provide you with 1 to 3 signals every day (Forex/Crypto). 3- The risk free must be fulfilled for the first TP (TP1). 4- Based on your broker/exchange, set up your SL/TP, 10 pips…»
April 10, 2024
Daily #Bitcoin Analysis

In today's assessment, Bitcoin has declined past the 4-hour support level and is currently positioned at the new daily support range between $67,000 and $68,000. This zone is anticipated to act as a solid resistance level, leading to a period of stabilization before an upward trajectory towards our projected target of $75,000 to $76,000.

This change shows that Bitcoin is still following its daily upward trend and is getting close to the daily support level for reactions.

Current Support Level: $68,000
Current Resistance Level: $72,000
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Bitcoin Update
(BTC/USDT, 1H Chart)

As anticipated, Bitcoin has undergone a 4-hour correction, successfully breaking through the resistance at $70,400 while maintaining support between $69,000 and $69,500. It is currently aiming for a target of $72,300.