Technical analysis by سید مهدی هاشمی about Symbol BTC: Buy recommendation (10/31/2024)

In the name of God. Hello and good time. Bitcoin's price is currently $ 69800. The attachment is the Bitcoin daily chart. Note the structure. After the heavy arrival of the world's largest asset management company (Black Rock) on October 27 and 28, the prices failed to defeat the Dynamic Line (29). The districts advanced to $ 74,000. On the other hand, using the fiber extension tool, the 100,000 -dollar is in the range of $ 70,000. Then we have faced upright beehives in the past few days, and the price was $ 69500 ​​to $ 69,000 ($ 100). October 31 certified the overlap and support of the 69500. In my opinion, we should wait for the reform process to end this correction and resume the upward trend in the coming hours and days, expecting the price up to $ 77,000 and $ 89,000 in the next stage.