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Technical analysis by AlexSpicer94 about Symbol BTC: Buy recommendation (8/8/2023)

https://sahmeto.com/message/234206
AlexSpicer94
AlexSpicer94
Rank: 3979
1.8
Buy،Technical،AlexSpicer94

BTC Forming a Weekly Ascending Triangle at the 30K level showing similar fractal patterns as the 2015 Cycle. There is a massive bullish divergency on multiple major levels including the daily. Will we see a break out to Bitcoins Fibonacci Extension Target of 34-36K? Or will we see a pattern failure and move back down to 25K. I am currently long from 29K, will sell 70% of my position at 31K and let the rest ride.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$29,909.54
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