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Bitcoin technical analysis today 02 Feb 2024,, bears are still in control

Bulls must see price re-enter the broken bear flag🚀

Bitcoin Technical Analysis - February 1st, 2024 🚀

Dive deep into the latest Bitcoin market trends with our comprehensive technical analysis for February 1st, 2024! 📊 Whether you're a seasoned trader or new to the crypto world, this video has got you covered with crucial insights and potential trading strategies. 📉📈

What's Inside:

📉 Volume Profile Insights: Discover the significance of the point of control at $42,750 and its impact on Bitcoin's price movement.
🔝 Key Resistance Levels: Learn about the quadruple top formation around $43,370 and the pivotal 20 EMA resistance.
🐻 Bear Flag Breakdown: Analysis of the recent bear flag pattern and its implications for Bitcoin's direction.
🎯 Trading Strategies & Targets: Get detailed strategies for both bearish and bullish scenarios, including entry and exit points.
⚖ Risk Management Tips: Essential advice on managing your risk to maximize potential rewards.
Why Watch?

💡 Gain unique perspectives not found anywhere else.
📊 Understand the current Bitcoin trends and prepare your trading strategy.
🛠 Equip yourself with practical tips on risk management and strategic trading.
Remember: Trading involves risk and is not suitable for all investors. Use this analysis to inform your trading decisions but always trade responsibly and do your own research. 📚💼

👉 Stay Ahead of the Curve with ForexLive.com: For more insights, strategies, and updates, make sure to subscribe to our channel and visit ForexLive.com. Your destination for original content and diverse opinions in the world of Forex trading. 🌐✨

🔔 Subscribe & Hit the Bell Icon to get notified about our latest videos and never miss out on the most recent trading insights. 📈🔔

Happy Trading! 🎉💰and cross up the PoC of the volume profile.
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