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Technical analysis by EL_STOCKTROOPER about Symbol BTC: Buy recommendation (10/30/2024)

https://sahmeto.com/message/2932203
EL_STOCKTROOPER
EL_STOCKTROOPER
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Buy،Technical،EL_STOCKTROOPER

Based on the flag breakout price projection, we observe the following trend:Oct 2023 - March 2024: Formation of the flagpoleMarch 2024 - Oct 2024: Development of the flag pattern, with a retracement to the Fibonacci levels of 0.50 - 0.618With the flag breakout anticipated by the end of Oct 2024, our projections are as follows:Fibonacci target: $100,042Flag breakout projection: $110,353This suggests the next target range for Bitcoin could lie between $100,000 and $110,000.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$72,327.95
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