#BTCPrediction
The price of Bitcoin ($BTC) is still in a correction phase, with the potential to reach the $93,000 level before looking for more liquidity at $92,500. These areas are considered potential buying opportunities.
Key points to watch:
Daily chart: Used to determine the overall trend.
8-hour timeframe: Ideal for optimizing entry points and achieving strong performance in swing trading.
Trading strategy:
Spot market: Preferred to reduce risk to capital.
Risk management: Set a stop loss at 2% to protect capital from unexpected volatility.
Simple analysis and close monitoring: Among the most important factors for success in trading.