$BTC

#BTC Today Quick Analysis and Trading Strategy

The Bitcoin market is experiencing significant volatility today, with the price moving around the $90,000 level after the recent correction of 28% last month, leading to the liquidation of positions worth $955 million. These fluctuations create opportunities for traders who rely on swing trading strategies.

Technical analysis indicates that BTC is trying to regain support levels after testing the $80,000 area, which is a critical point for long-term buyers. The RSI indicator shows a gradual recovery from the oversold area, which may suggest a potential rebound, especially with improving market sentiment.

For traders today, we recommend monitoring the $88,000 level as a major support and $92,000 as a temporary resistance. Buying at support testing with a stop-loss below the last level can be considered, and a bullish breakout at $92,000 may open the door to target $95,000.

Risk management is essential in these conditions. Avoid high leverage as sudden volatility can lead to rapid position liquidations. Use stop-loss orders and maintain a safe margin ratio to avoid margin calls.

Keep an eye on market news, especially regulatory developments and liquidity flows that may affect the short-term trend. Remember that patience and discipline are the foundation of success in Bitcoin trading.

#Trading #بتكوين