Technical analysis by vinceangelomendiola about Symbol BTC: Buy recommendation (8/27/2024)

Bullish cross between 200MA and 50MA spotted on 4 hour timeframe and appearance of green cloud. This would suggest a short term bullish outlook for bitcoin for the coming days.The golden cross on daily time frame could follow by 1st or 2nd week of September and would drive the price to 65k-70k level.