📊 Bitcoin Analysis & Trading Plan - October 2nd, 2024 📉 - By Vladimir Ribakov
The latest technical analysis indicates a potential downward movement for Bitcoin in the short term. Here’s the breakdown:
4H Chart: Bearish divergence
4H Chart: A breakout of the recent uptrend line suggests further bearish momentum.
1H Chart: A bearish trend pattern is emerging, signaling a potential decline.
1H Chart: Watch for bearish reversals around the key Fibonacci levels.
What’s your take on Bitcoin? Let’s discuss in the comments below!👇
For more trading insights and real-time education, follow me @vladimirribakov.
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Vladimir Ribakov
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📊 Bitcoin Analysis & Trading Plan - October 2nd, 2024 📉