Technical analysis by TraderMan_1907 about Symbol BTC: Buy recommendation (8/4/2024)

BTC OK or continue? After seeing its historical peak of 73,794 on 14.03.2024 and a tremendous ATH, the coin, which was trapped in a falling regression trend for about 5 months, I think it has now reached the decision stage. Therefore BTC If it can react from the uptrend support range of 56,500 and 58,456 and close above the breakout zone at 59,286, it can see 63,868 - 70,016 - 73,794 respectively. After the daily and weekly closings above 73,794, it can start a new rally and set the range of 80 to 90, then the range of 100 - 140 as the new target. The shares and comments made are personal opinions and definitely do not contain investment advice, make your own decision. 👍