Technical analysis by JonGalt_ about Symbol BTC: Buy recommendation (5/12/2024)

Bullish as I think there will be a blow off top at 100-115K this cycle. We seem to be in a wave 4 correction pattern. It looks like we have one leg lower to test the trendline of the weekly RSI. My guess is we are going to have a running flat correction where 60K will be tested one more time after we rally to 73K. I am guessing we start breaking ATH again some time in August, with a peak in September-November.