Technical analysis by googooboyy about Symbol BTC: Buy recommendation (11/12/2024)

BTC broke descending wedge structure towards new price discovery territory after exhausting $60-$70k Bears. Path of least resistance? Expecting a small correction (Nov/Dec24) before continuing towards $95~$115k n beyond (Jan/Feb/Mar25). Stochastic RSI plateauing but RSI is bullish. But I'm not one of those calling for $250k this Bull Run. There are still has plenty of chinks to iron out before bitcoin is globally accepted as a true reserve asset. Perhaps the next crypto winter will allow decent development and mass acceptance. May the trend be with you.