Technical analysis by sherrynjoto about Symbol BTC: Buy recommendation (2/29/2024)

Bitcoin at the weekly time frame is currently moving at the first vibrational week date on Feb 26 - Mar 3, meaning that Bitcoin is potentially reaching its resistance level at 69,000 within this week or next week (W+1). Bullish Scenarios:- 1) Impulsively broken the 69,000 resistance to the next at 83,615 and the final target at 102,290. 2) Potentially reaching the 69,000 resistance and retest the UFO 51,000 - 52,600 area before strengthening to the resistance target. Speaking about halving is also coming up soon, meaning that Bitcoin is plausibly ROCKETING to the resistance levels.