Technical analysis by AthenticWhale1 about Symbol BTC: Buy recommendation (2/25/2022)

Chart- BTC on the weekly timeframe. Weekly is not the strongest macro timeframe. Sometimes proves false signals.Dragonfly / Gravestone Doji- Highlighted in the green are the dragon fly doji's (recent signal doesn't close until Sunday)- Highlighted in the red are the gravestone doji's - Arguably the strongest significant Japanese Candle Stick for trend reversals. Link: fxdayjob.com/dragonfly-and-gravestone-dojiRSI:- Decreasing RSI + Increase in Price = Hidden Bullish Divergence- Increasing RSI + Decrease in Price = Hidden Bearish Divergence- Note that in summer of 2021 we had the same confluence in the chart.MacD:- Classic bullish divergence on the weekly.- Note that bigger timeframes (Monthly, 2 week) are bearish.Moving Averages:- 50 Day $47,000 - 200 Day $20,000Analysis:- This is a high-risk trade b/c of current events. - Fed is set to have a meeting regarding equities in March. (Likely to be very negative)- I predict a further continuation rally here. May not bring us to ATH but, a recovery rally. - Most importantly, do your own research. Strive to be a better trader every day.