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

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.