Technical analysis by wRa600606 about Symbol BTC: Buy recommendation (6/3/2024)

There is an inverse head and shoulder pattern in formation that has been playing out since the last ATH approx ($73.6k) on Mar 13, left shoulder formed gallantly at ( approx $59.8k) head formed perfectly at ( approx $56k) and right shoulder leap off right at approx ($60k), although the right shoulder hasn’t consolidated that much within approx($60k - 73K) since it immediately bounce off $60k of the its shoulder (there is still possibility it comes down to approx 60k to establish a strong right shoulder (but not lesser!!) BUT YOU SHOULD WATCH THE PERFECT ELLIOT IMPULSE WAVE ALSO FORMED BY THE RIGHT SHOULDER AS IT BOUNCES OFF $60k, THE ELLIOT IMPULSE WAVE FORMED PERFECTLY RESPECTING THE BOUNDARIES OF (1,2,3,4) and the 5th wave can send BTC breaking the previous ATH of March 13 ( approx $73.6k) to a new ATH of ( approx $80k)