Technical analysis by noob_trader_7 about Symbol BTC: Buy recommendation (8/12/2023)

After a bearish rally 3 days ago, the price found its support and is hovering within a range. The support seems to be strong and BTC is making higher lows. There can be two possibilities. If price falls, it will take support and retrace upwards, or if the price rises, it will hit the resistance level and retrace downwards. This is just my opinion, please always do analysis before you make any trades.