Technical analysis by sinaafhm about Symbol BTC: Buy recommendation (12/2/2022)

as you can see we have two scenario for this , BTC is weekly frame is been in a falling triangle, so as you can see the miners are giving up and today hash rate is 13% lower than yesterday, so we can see in history we have such behave before and once this happened price has made a decision to end up falling scenario. so in two scenario at first we can go up from now or have a low on 12.5 or 9.7k and then changing the long-term behavior of chart.kind regards