Technical analysis by farisalraisi about Symbol BTC: Buy recommendation (6/21/2024)

BTC been going through a correction for few months now. My prediction is that we might see an end for the correction soon. If BTC break below the 0.786 fib level of the last wave, we might find strong support at around 56k and rally from there. My hypothesis is based on 2 trendlines as shown on the chart. Good luck everyone!