#BTCPrediction
The price of Bitcoin ($BTC) is still in a correction phase, with the possibility of reaching the level of $93,000, before looking 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: Preferred to reduce risks to capital.
Risk management: Set a stop loss at 2% to protect capital from unexpected fluctuations.
Simple analysis and close monitoring: One of the most important success factors in trading.