Technical analysis by cnb006 about Symbol BTC: Buy recommendation (8/1/2024)

Bitcoin Update (Weekly-TF)Is bitcoin following 2023 chart? In 2023, -Major Supply was 223K-25K, 2 Times rejected from there.-In Q1, BTC brokeout the Resistance/Supply! -BTC pumped 16K to 31K. Almost +90% pumped.-Flipped the supply & tested it 2 times as a support.-Total '7 Months consolidation : 30K to 25K-BTC formed a mega bullish ''Flag Pattern''-Flag brokeout in Q4 (Oct Month)-Started the 3rd wave bull rally in Q4. In 2024,-Major Supply : $63-57k, 2 times rejected from there. -In Q1, BTC brokeout the Resistance/Supply! -BTC pumped 39K to 74K. Almost +90% pumped. -Flipped the supply & tested it 2 times as a support.-Total 5 Months consolidation till now : 70k to 60k-BTC forming a mega bullish Flag Pattern!what next? 🤔Like 2023, - btc may consolidate 2 more months of Q3 (Aug-Sep) - we may see the Flag will breakout in Q4 (Oct Month)- will start the 5th wave bull rally in Q4 It is just a speculation, there is no guarantee that what happened in the past will happen in the future. #DoYourOwnResearchIf you like the Update, please boost & follow! Thanks.