Technical analysis by denizornek about Symbol BTC: Buy recommendation (4/1/2024)

Horizontal accumulation somewhere between the new top equalizing the old ATH and the correction = bottom, and as seen at 1h - in the process of searching for the new price with a nice sine wave. BTC is now a "thing" that has completely different qualities and has not yet fully priced the qualities and meanings it represents. Although some call it commodity, some call it electronic gold, and others call it other names (qualifications), we actually know that it is not enough. He names it by choosing a word from wherever he looks. However, BTC carries many meanings together. To put it in terms of semiotics, semantics. Therefore, since there is no other similar "thing" in the world, it is a new phase of the acceptance process of new "things", including the influence of new buyers entering the market, and therefore it is not right to expect the old movements to occur in the same way. I wanted to bring to your attention that there may not be an approach. More clearly, let me reduce it to one sentence; Those who sold after 72 on this chart, here are my friends or open eyes, just like those of us who did not understand the rise in 15 thousand and waited for months and maybe still waiting - they will cry loudly. * Even though it is not included in the chart, by drawing a horizontal capital S from the top point, it first settles at the bottom and then in the range it is in, horizontal like a crab and going to ''an uptrend coming from below'' * I'm interested in altcoins and I hardly trade BTCComment: Those ETFs and the world's largest funds that regulate them did not bother with the SEC for nothing. Retailers have to keep their eyes open.Comment: If we round roughly; The two supports passing between 68 thousand and 66 thousand and the area between them constitute a complete trend line. After publishing the article, we reached 68 thousand, I had already stated that the goal was to touch the trend while writing.