Technical analysis by mehdi_kb about Symbol BTC: Buy recommendation (10/8/2024)

hello dear trader and investors .... this price action for bitcoin with usdt in 1 H timeframe .... is btc ready for next move ? The Role of China in Bitcoin’s FutureOne of the key factors driving Bitcoin’s upcoming surge, according to Tapiero, is China’s recent economic policy moves. China has been taking significant steps to stimulate its economy by injecting liquidity into the market, which Tapiero believes will act as a catalyst for Bitcoin’s rise. He argues that China’s financial actions could benefit cryptocurrency investors, creating a favorable environment for Bitcoin to thrive.What Does This Mean for Investors?Tapiero’s analysis presents a promising outlook for Bitcoin investors. The completion of the “cup and handle” formation could signal a new era of growth, with Bitcoin reaching unprecedented levels. Additionally, China’s liquidity injections could further fuel this bullish trend, making this an opportune time for investors to consider their strategies.10T Holdings, which manages $1.2 billion in assets, is heavily invested in cryptocurrency and blockchain technology. Tapiero’s insights are highly regarded within the industry, and his predictions regarding Bitcoin’s future are closely watched by investors around the globe. With strong bullish signals, Bitcoin could soon embark on a new upward journey.It took some time, but it was 👌 ... This is the last resistance of Bitcoin