Technical analysis by matt69556 about Symbol BTC: Buy recommendation (6/17/2024)

If my idea is correct we are about to bouncing and retest ATH, and we're about to hit the inflection point. TA is showing levels of support that have not been broken yet, and show that we could hit a break out soon. From a chart perspective we see an ascending triangle forming roughly at the end of a reverse head and shoulders. meaning the bounce of the shoulder should meet and test the neckline. TA might just be astrology for men, but if it can be 60%+ accurate than it could be worth taking a bet on this position going long and setting a stoploss at 64k roughly. just be weary because in choppy markets you can get wicked out.