Technical analysis by Mt.BFX about Symbol BTC: Buy recommendation (11/7/2024)
https://sahmeto.com/message/2952350

Mt.BFX
Rank: 4961
Analytical Power:
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This will be the first big trade at the start of the exponential cycle we're about to witness for the 5th time in BTC history. Considering the descending broadening wedge pattern, a 1:1 move into the pattern gives a price target of roughly 95k. It can also been seen as a flag pattern which also reads a 95k impulse target as seen below:If you want to look at more longer-term targets and analysis of BTC, I've attached 3 of the charts I've made which will satisfy that long term bullish outlook. Best of luck to you all out there involved in this space and remember, manage your risk appropriately.
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$76,437.17