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

Inverting the chart is a fun exercise that I like to do sometimes.After breaking support in March on high volume, inverted Bitcoin has been holding it as resistance for more than 6 month now. Touching the next resistance level in August produced a long upper wick and the price has been pushed below the first resistance zone again. The price is also moving in an ascending structure which is a bearish sign.It's gonna crash!