Technical analysis by mohammadreza1 about Symbol BTC: Buy recommendation (8/18/2023)
https://sahmeto.com/message/235586
mohammadreza1
Rank: 14527
Analytical Power:
1.4

With a weekly time frame, Bitcoin demonstrates its performance over shorter intervals. The Halving event, occurring every four years, adjusts the Bitcoin supply and impacts its value. The previous price ceiling of $70,000 sets the stage for an anticipated rise to $120,000 in the next cycle. Should Bitcoin and Ethereum ETF gain acceptance, we can expect even greater price appreciation.blockchaincenter.net/en/bitcoin-rainbow-chartfaild
Translated from: English
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Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$26,392.53