Technical analysis by filipbronola about Symbol BTC: Buy recommendation (8/26/2024)

Expecting to see bitcoin reach between the 2.618 and 3.618 fib extensions. A little over if we're lucky. Same place we were in in 2020 around Aug/Sept.Then probably after the cycle high, expecting a fast wick down to 60k or so in a few years time from now.Probably won't be the exact same, but bitcoin cycles are real. Keep it simple. Follow the regression rainbow. Oh yeah, don't ignore the doji candle we're forming this month :)as always, the cycle does not lie, we continue on course