Technical analysis by System_T about Symbol BTC: Buy recommendation (9/17/2024)

I believe Bitcoin has found its base bottom at 50K. However, it will take a lot of time to develop an uptrend after the 6-month long consolidation. The next price action can be compared with the bottom forming around September 30, 2023. Tomorrow, a FED rate cut could be a catalyst for Bitcoin to surge.This fractal played out beautifully! Closing.