#BTCNextMove

Although $BTC has demonstrated an impressive growth in 2024, but recently the market seems to be having a corrections. Investors and traders should carefully considering the risks and opportunities associated with Bitcoin before making any investment decisions.

$BTC achieved an all time High of $108,364 It later had a drastic rejection to around $104,000 .The trend shows a bearish Continuation as seen on the 1 hour chart .If the price breaks below the current support level, it could signal a further decline in price .

In Conclusion It's important to consider any news or events that could impact the price of $BTC .Like recently the Federal Reserve Chair Jerome Powell signaled a potential slowdown in the intrest rate cuts.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves significant risk, and traders should do their own research before making any investment decisions.

Traders should have a good risk management and only risk a small percentage of their capital in every trade.