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Technical analysis by damondre94 about Symbol BTC: Buy recommendation (9/30/2024)

https://sahmeto.com/message/2868706
damondre94
damondre94
Rank: 12439
1.5
Buy،Technical،damondre94

Bitcoin is setting up a beautiful double bottom pattern on the weekly timeframe. Not only is there a double bottom but bitcoin price has broken out a 6 month consolidation last week. With NFP approaching this week, I will be looking for buy positions if or when price retraces. I dropped a fib retracement as well, I liked 62k for a long position.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$64,490.16
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