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Technical analysis by BrettFogle about Symbol BTC: Buy recommendation (11/6/2024)

https://sahmeto.com/message/2950976
BrettFogle
BrettFogle
Rank: 4129
1.8
Buy،Technical،BrettFogle

This is a shorter version of my video yesterday, just recapping what I've been seeing and forecasting in these markets.Didn't expect to see the rally to new ATH so quickly.Or the DXY to push up higher at the same time...But here we are breaking and apparently holding new ATH, so I do think we continue to push higher. Even if we get one more sell off, to re-test the ATH as support.Yesterday's pump was part short-squeeze, and part 11B in BTC ETF inflows.In this video we look at BTC and SOL, which I believe will lead the next leg of the Bull.Also an interesting speculative study on the Pi Cycle Top, and the idea we could see a double top or dual-cycle in the next 12 months, like we did in 2013.As well as recapping why my targets are $100k (conservative), $150k (base case), and $200k (aggressive) along with confluent targets based on measured moves from the Bull Flag breakout.Let me know what you think, and if I missed anything!Brett

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$76,361.02
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