Technical analysis by M_Gheysvandi about Symbol BTC: Buy recommendation (5/31/2024)

M_Gheysvandi

Hello friends today In Bitcoin currency, we have a 5-wave pattern that is completed by waves 1, 2 and 3. Bitcoin is definitely completing wave 4.Wave 4 is forming in the form of a triangle pattern, which is very common in wave 4.Now the 4th wave is completing its D and E waves.Therefore, we are waiting for the completion of these microwaves, and then the price of Bitcoin will not be far from expected.The target price range is $73,000. If the price reaches below wave A (range of $66,500), our theory will be invalidated, but shadows may activate your stop loss.In case of any trade, be sure to use stop loss.To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost.Be successful and profitable.