Technical analysis by SunnyRainPo about Symbol BTC: Buy recommendation (9/23/2024)

Finally BTC comes back above the 200 daily MA. There has been high volatility so I don't know where it's going next. Its more probable Bitcoin will test 68/69K again. That's the last all time high and the high of the current pattern. And the downsides are 62k - 45k or so right now. As long as we stay above the 200 Daily MA at 64K now, then I believe its bullish. So if we keep closing daily candles above this level and weekly candles that will strengthen the probabilities of a move up.