Technical analysis by cain-got-rekt-again about Symbol BTC: Buy recommendation (5/24/2024)

Based on the current price action, it seems wave 4 is over, bounced on the previous resistance level ($66k-67k) and now beginning to slowly approach the wave 5 target, which is in area of 123.6 – 161.8% wave 4 fib. If the target area hit, the monthly close would be beautiful. Disclaimer : this is my first time using Elliott Wave, so NFA.the path is rough, just treat the FUDs as a noise. believe.looking at current PA, the chance to break over $70k at monthly close is small, so i believe that we are chopping again for few days again. i'm keeping my position open