Technical analysis by BTC-HONDA about Symbol BTC: Buy recommendation (4/18/2024)

No change from last update. I am still watching BTC in a falling wedge on declining volume looking to rebound back to 67.7k and up to 69k possible. The sell off we were expecting was slightly deeper than anticipated but it hasn't invalidated the structure. We are currently making a minor consolidation at the bottom of the pattern on declining volume. I think we either start the rebound from there or continue sideways longer before rebounding. Will re-0evaluate if any invalidation occurs