The analysis for today focuses on short-term trading, particularly using the H1 and H4 timeframes to gauge BTC’s price movements. Here’s a breakdown of the situation:
BTC’s Movement: BTC has moved from the 83k level to 88k, following the recent price mappings. The H1 chart shows that BTC reached a peak of 87.9k.
In summary, the safest option seems to be to wait for confirmation of a long entry at 85k or take advantage of altcoin opportunities. Best of luck with your trades!
