Technical analysis by Edward_Fibonacci about Symbol BTC: Buy recommendation (10/28/2024)

According to the technical analysis of the 4-hour BTC/USD chart, Bitcoin is currently forming a symmetrical triangle pattern, with the 34-EMA and 89-EMA providing strong support at 67,343 and 66,650. This shows potential strength in the short term. The current price is hovering close to the resistance zone near 68,000. If Bitcoin can break this resistance, it is likely to open a strong growth wave, aiming for higher targets, with a target of reaching the 69,200 area and beyond.Is this a golden time for investors to take advantage of the upcoming rally or will the market wait for another signal to break out strongly?nice.