Technical analysis by mytradingidea about Symbol BTC: Buy recommendation (10/23/2022)

Chart shows the possibility of the BTCUSD bullish cycle and the targets.BTC tested 2017 peak at 18-20k. This can be attributed to the low volume, as this is typical for testing.If the test is successful, we can hope for a new peak - above 70k.RSI also bottomed out and found long term support. In addition, we also have a double bottom on the chart.As you can see, there are quite a few reasons to be optimistic about the growth of crypto currencies.Best of luck.