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Technical analysis by The_DailyProfit about Symbol BTC: Buy recommendation (10/11/2024)

https://sahmeto.com/message/2889874
The_DailyProfit
The_DailyProfit
Rank: 6223
1.6
Buy،Technical،The_DailyProfit

Last six months have been nothing but liquidations over and over again!!. But market is a game of pure manipulation and between smart and dump people . Everyone thought that ETFs on Q1of 2024 would make this time different , as BTC came to ATH before the halving . So everyone was thinking that BTC would continue to the moon... . Q2 and Q3 was the realisation ,that the market follows its already curved path ,as it did every previous cycle . Q1 ATH was more of a double top . I do believe that that's the end of the dip and in less than a month to new ATH .Bullish facts: Rate cuts , six months dip as all the previous cycle , US elections , billions of FTX money coming back to investors , BlackRock bought more than it sold in Q2,Q3 . Next six months will be interesting !!!

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$63,132.57
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