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

FA:> 'cryptocurrency fan' Trump becoming president has created a surge in speculative investments into Bitcoin and altcoins.> ETFs, especially Bitcoin ETFs are doing better than expected> New innovations in blockchain technology are pumping altcoins as well as BitcoinTA:Judging by the last pump from the beginning of 2023 to march 2024, Bitcoin is aiming towards 100K for the next resistance and price correction.Volumes have been relatively stable, so I do not expect any drastic surprise-dumps of the same long-term nature as in the past, for 2024. But we might see a pump to 100k before Christmas 2024.Tools used:Reverse Fibonacci RetracementProjected Forecast/ForecastThis is not investment advice or financial advice. These are my own subjective thoughts on Bitcoin/altcoin price actions.