Technical analysis by fighttrader about Symbol BTC: Buy recommendation (8/9/2024)

Bitcoin is making a bullish Wolf Wave pattern which supports the bullish outlook. We are waiting for a downward correction to choose a suitable place to enter. The first target is the upper limit of the price channel, the second target is the current top, and the third target is the line drawn in black. The analysis is cancelled if the price falls below point 5.