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Technical analysis by mauro.michieletti about Symbol BTC: Buy recommendation (4/5/2024)

https://sahmeto.com/message/1647327

BTC to 69.5K

Buy
Price at Publish Time:
$67,834.77
Buy،Technical،mauro.michieletti

Hello, Traders Investors And Community, we are approaching a historical date the next time, not more than 14 days left before the fourth bitcoin halving will launch, in this purpose, there are some important signs which I detected in the daily bitcoin chart and which will affect the bitcoin price action the next time. In the last halving-cycles, we had a first initial small dip after the halving and initiating the whole market-cycle before going up and providing a heavy bull-market. In this current moment, we can see a similar mechanism as the supply which is causing after the halving pushing the price a little bit down and after that higher. According to this subject, I made an analysis which I recommend you to watch.

Source Message: TradingView
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