Bitcoin Futures Price Prediction and Trade Strategy

TradeCompass for Bitcoin Futures: January 24, 2025 – Bitcoin Futures Price Prediction and Strategy

Prediction and Strategy Summary for Bitcoin Futures:

• Bias: Slightly bearish, focusing on fading a potential breakout in Bitcoin futures.
• Approach: Wait for Bitcoin price to approach a higher resistance level (trap bulls) before initiating a short trade.
• Entry: Short at 107,020 (1.65% above current price at 105,300).
• Stop-Loss: 108,845 (1.71% above entry).
• First…
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