Technical analysis by Apollo_21mil about Symbol BTC: Buy recommendation (7/29/2024)

BTC is fighting the huge supply zone as we approach all-time-highs again. I expect this to happen for a while as there is a massive sell wall looming in this area. Drawing the supply zone was not easy, I did use the monthly charge in combination with the weekly for this setup. Staying near the purple momentum line and remaining around this price level would put a breakout within the next 2-3 weeks.