Technical analysis by keshihrk43020 about Symbol BTC: Buy recommendation (6/24/2024)

well as you can see in my chart, I think there is a possibility for a short squeeze of 7.5 B from hedge funds in the CME market such as in the GME stock chart. we had a bullish flash and then broke it and now we are retesting this support in a daily timeframe and we can say approximately we touch and retest again the EMA 200 Daily band. the interest rate is at its lowest this year. we have a bullish divergence between the RSI and the Chart in the daily timeframe I marked them with purple color especially to be found easily. if the restest is successful and we will go then the target can be equal to the height of the flag around 117k equal to 2.618 on fib retracement from the last bullish trend from 43,970 to 73,635. #DYOR #NFI