Technical analysis by bit_general about Symbol BTC: Buy recommendation (4/26/2023)

Following on from the weekly chart ; The Daily history shows that on average the (bear) downtrend cycle price will reaches the previous cycles 89MA top before any significant pullback.The daily targets are slightly different as , along with 2013 , the 2021 BTC 89MA has two levels - both could be seen as targets for 2023. This would see a circa 55k upper level, or a lower of $42500.