Technical analysis by Trade-Journal about Symbol BTC: Buy recommendation (5/14/2024)

We all know we are still dancing in this 60+ day range, this is not unusual for bitcoin, it loves to do this before its next big move. Our focus is to be on the right side of that move as we scalp these markets day by day. I am watching this local accumulation model for a trinity 1 or 2 (for those of you who tune in regularly you know what that means). Should we continue down, we are eyeing up the larger range low for a long and failing that we will be looking to catch the bear retracement. Remember no change no trade. We don't need 1 million indicators to profit from these markets, price action tells you everything you need to know.