Technical analysis by خرس بازار about Symbol BTC: Buy recommendation (5/8/2024)

Hello friends, there are three scenarios: 1 In Elliott Waves, as you can see, movement 4 is not yet closed because 5 is bullish, the lower it goes, number 4 is detrimental to the market because it will reach the target of 85 later, for example in 5 months. 2. In Elliot waves, if it maintains 61, give Bitcoin and stabilize it and break the downward trend, it is great, it can reach the target of 85 in 2 months. 3, number 4, if it hits 44,000, and the bit forcefully goes to 60, and let's see a bearish market, and altcoins will go for a new bottom. Scenario 2 If it didn't happen, these 2 movements definitely happened