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Technical analysis by adammska about Symbol BTC: Buy recommendation (3/23/2024)

https://sahmeto.com/message/1607196
adammska
adammska
Rank: 19043
1.4

Bitcoin: look for signs of bottoming in 58-60 area.

Buy
Price at Publish Time:
$64,077.15
Buy،Technical،adammska

Similar situation to January: we had BTC trading in a range for a few weeks, then briefly breaking below support, with people calling for targets in low 30K, which turned out to be a fakeout, and a new swing trade bottom. Look for BTC to bottom in the yellow circle early next week. Additionally, let's see if the blue channel I drew is valid. Price touching the lower trendline, and strongly reversing would be very neat.Looking for a test of lower blue trendline

Source Message: TradingView
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