Technical analysis by Cinnamon_Club about Symbol BTC: Buy recommendation (9/14/2024)
https://sahmeto.com/message/2605762

Cinnamon_Club
Rank: 6610
Analytical Power:
1.5
low timeframe path for Bitcoin regarding to BTC/SP500 chart
:Buy
Price at Publish Time:
$59,921.02

This is a very bullish combination: H&S inverse confirmed at the time an important resistance is broken. It seems that we are going to be bullish on bitcoin at least until we reach the H&S projection (red line).But don't be fooled. Bitcoin continues to have a bearish behavior (in medium timeframe) at least until the 70k barrier is clearly surpassed.
Source Message: TradingView