BTC - Scenario 1 or Scenario 2 or Worst Case ?

#BTC/USDT #Analysis
Description
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+ BTC is currently trading around the support zone, and the support is holding strong. According to Scenario 1, I expect the price to bounce back from this support zone.
+ Scenario 2: If BTC loses this support, the next support is around 60K. If BTC reaches this support line, there is a chance of a price bounce back, but it will weaken the overall BTC trend.
+ Worst Case: If BTC drops below 60K, the worst-case support level is at 56K. We can expect the price to hit this support zone and potentially bounce back from it.
+ Let's see which scenario plays out.
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VectorAlgo Trade Details
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Entry Price: 66128
Stop Loss: 63500
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Target 1: 67500
Target 2: 69500
Target 3: 71000
Target 4: 73000
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo

Yorum:

Scenario 1 failed,
Currently price moving as per scenario 2