Technical analysis by anandahaidarr about Symbol BTC: Buy recommendation (6/8/2024)

Bitcoin has been rejected five times in this value area, but the resistance is getting weaker, hinting at a potential bullish breakout. This isn't a bad area to assume that this dip might be worth buying. There's a potential for the trend to continue along the trendline at the 13 and 21 daily moving averages, getting close to the bullish order block area on the weekly chart. Looking at the technical analysis, this chart shows a strong possibility of reaching $90K - $100K. Additionally, the inflow from big institutions like BlackRock, Fidelity, and others adds to this potential. Let's see. 🥂