Technical analysis by Tradius_Trades about Symbol BTC: Buy recommendation (10/5/2024)

Overall, I remain bullish on Bitcoin. The Monthly & Weekly MAC strategy is still supportive of looking for buy triggers on pullbacks into the Monthly/Weekly MAC lows. I will be looking for entry triggers on entry timeframes if Bitcoin pulls back into the 56K to $57,500 price range, and would consider still hunting entries if it trades below these levels.The Daily remains bullish, but there is a MAC selling setup (not confirmed until Williams AD closes below its 57 period MA). Have a great weekend.