The price of Bitcoin ($BTC) is still in a correction phase, with the potential to reach $93,000 before searching for more liquidity at $92,500. These areas are considered potential buying opportunities.
Key points to monitor:
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: It is preferred to use this to reduce risks to capital.
Risk management: Set a stop loss at 2% to protect capital from unexpected fluctuations. Translated.