Technical analysis by MysteriousPersian about Symbol BTC: Buy recommendation (10/21/2024)

Place your bets, BTC is at a critical point. Any strong volume here showing buying pressure will continue this strong monthly uptrend. That being said, if no buyers come in here we will see most likely a multi week fall over the next couple of weeks at least. Short term signals should give a good idea as to the direction this will take. I think the odds of this going higher are much better than it failing to trade above the channel. Well see in the next week or two what that will be. Once a direction has been established, you trade the trend. Good luck!