Technical analysis by Beyoglu_Analyst about Symbol BTC: Buy recommendation (10/29/2024)

BTC finally breakout the diagonal Trend line and its now almost near the All Time High trading at 72600$.Now Every is aiming towards 73000$ price if it could break it out or not, we could see a higher selling pressure near ath..But if it breakout this selling zone the target will 78000$ and then 83000.Everyone asking Why alts coins are not performing even though some of them are dumping while bitcoin is making super surges..We could see a good relay in alt coin if bitcoin holds above 73000$ then we could see a handsome money flowing into the alts coin that could be a small alt season...I don't have any position open right now, i might try a scalp short trade near all time high, but if you're planning to do the same so keep in mind to marrk stoploss otherwise you would liquidate your account.