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Technical analysis by TraderX10101 about Symbol BTC: Buy recommendation (7/20/2024)

https://sahmeto.com/message/2477090
TraderX10101
TraderX10101
Rank: 23866
1.4
Buy،Technical،TraderX10101

Once again, all attention is directed towards one area: 69k, the ATH from the last cycle. It's the zone with the trendline, order block, and Fib attention area.If this zone becomes support, there's only one way - up. During this consolidation in the range, liquidity has been taken only from below the consolidation. Next, the liquidity from the upper side, 73-80k, will be targeted.Altcoin season? Very close.However, there's a chance some may make another low in this consolidation, and with liquidity taken from there, a larger climb might begin. The market sentiment has quickly shifted from bearish to bullish with just a small pump.It might be wise to place buy orders a bit lower as a precaution.Overall? I'm very bullish.Institutions, Pension Funds, Investment Funds, the world's most powerful countries (not Germany :))), ETFs (Bitcoin and Ethereum, and maybe soon Solana), Donald Trump (almost a certainty as the future US president): BUY BITCOIN/crypto and promote it.Super cycle is coming! 🌟

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$67,453.06
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