Technical analysis by Dfc09 about Symbol BTC: Buy recommendation (5/16/2024)

The price is in the formation of a bullish flag. I would expect a pullback to the gold zone which is between the 50% ($58k) and 61.8% ($54,400) Fibonacci zone. In turn, if it complies with the theory, we would have a TP at 100% of the Fibonacci extension which is the $85,700 zone. SL 78% of the Fibonacci.