Technical analysis by Invi1112 about Symbol BTC: Buy recommendation (3/27/2023)
https://sahmeto.com/message/2674608
Invi1112
Rank: 7524
Analytical Power:
1.6

Bitcoin is looking to repeat 2019 price action, with this bear run rally. It would bring us above 40,000$ and then slowly bleed into 2024 and a real bottom, before next halving.I don't guarantee for the exact days and numbers, but if true, we are in for 40-60 more days of pump, before rest of the year slow bleed to 15-17k area.Confirmation of this idea: next few weeks close green, consecutive.Rejection: new low on weekly.Bearish engulfing on weekly complete!Now we await for weekly bullish engulfing and we have confirmation to 40k.
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Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$27,863.98