#TradingAnalysis101
I previously anticipated a potential decline in Bitcoin, and it has now dropped from $94K to $88K, aligning with that prediction. The time frame a trader chooses depends on their unique trading strategy. Trading analysis is the process of evaluating financial markets, assets, or securities to make informed trading decisions. Currently, Bitcoin is trading at $88,112, down 6.12%, after breaking below key support levels. It hit a 24-hour low of $87,432, indicating strong selling pressure. They rely on 5-minute or 15-minute charts ⏳ to spot quick profit opportunities. ⚡ Technical Analysis, Risk Management and Capital are very important. 📈