Technical analysis by AdvancedPlays about Symbol BTC: Buy recommendation (7/2/2024)

BTC had some strength this morning, but has given up its gains. It has been holding the $60.5k area well along with $59.3k. We also have a shorter term bullish pattern that could lead to an upside breakout, but I'm not convinced yet. It has been way too weak lately for me to be super bullish on it right now. Here's some potential paths I'll be looking out for.