CandleFocus Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?
2024-12-23
Author: Content Editor
The TD Sequential chart is indicating a major buy signal for Bitcoin in the 4-hour time frame, suggesting that bearish momentum may be ending and it could be a good time to enter the market. The appearance of a green "9" candle and an "A13" marker on the chart reinforce the potential for a price reversal. Market participants should consider additional factors such as volatility and broader market sentiment. Additionally, based on the Mayer Multiple, a chart predicts a market top above $168,500 for Bitcoin if its price continues to rise. Currently, Bitcoin's price is $94,692.
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