Technical analysis by TraderLumos about Symbol BTC: Buy recommendation (9/13/2024)

Here's an idea nobody are talking about but it is one that is to be considered. If BTC were to follow these 2 trendline, i'll be wanting to accumulate in the golden ratio zone 28-30K before the real bounce up to 85K++. I hope this opportunity do come which flushes out short term investors and invites new long term investors to come in at 30K. Timeline for this might be 12-18 months since i've charted this using the monthly chart.