Technical analysis by Invi1112 about Symbol BTC: Buy recommendation (3/27/2023)

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.