Technical analysis by rossso about Symbol BTC: Buy recommendation (10/25/2022)

As we can see on the bottom chart, by the Fibonacci and weekly trend lines, 29k and 37k will be the next major long-term resistances. This is where I expect the next possible dips.On the top chart we see a Heikin Ashi confirmation.The November 7th red candle is the FTX FUD dump. I would not consider it a continuation of the bear market. I am not selling but we might go lower. In other words: Cheap Bitcoin ahead!The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.