As of November 2, 2024, Bitcoin (BTC/USD) is trading at approximately $69,487. For intraday trading, consider the following levels
Support and Resistance Levels:
Support Levels:
First Support (S1): $68,000
Second Support (S2): $66,500
Resistance Levels:
First Resistance (R1): $70,000
Second Resistance (R2): $71,500
Trading Recommendations:
Buy Entry:
Entry Point: Near $68,000 (S1)
Target: $70,000 (R1)
Stop-Loss: Below $66,500 (S2)
Sell Entry:
Entry Point: Near $70,000 (R1)
Target: $68,000 (S1)
Stop-Loss: Above $71,500 (R2)