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Technical analysis by toateotihuacan about Symbol BTC: Buy recommendation (4/17/2024)

https://sahmeto.com/message/1688700
toateotihuacan
toateotihuacan
Rank: 1122
2.7
Buy،Technical،toateotihuacan

Linear fibs show buy support at 51K, but the halving will shock the supply such that the price will be forced to double shortly thereafter. Current cost to mine one bitcoin is ~50K so a fair price for bitcoin should be around 80K after many miners give up their rigs at a loss. Just spit-balling here. Posting chart for retrospective. How's WWIII treating you so far, anon?

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$61,306.31
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