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

Calm your tits.Normally when #Bitcoin breaks ATH, the price goes sideways for 12-30 days. Then the first parabolic movement of 100-200% starts. This lasts for 1-2 months. Finally followed by the first big correction of 30-40%.So should we worry now with the first red candle?No. Bitcoin has skipped the sideways trend and has gone straight parabolic. In between there are multiple candles of 3-5%. We’re just in WEEK 1 of the parabolic movement. BTCUSDT BTCUSD BTCUSD BTCUSDT.P DOGEUSDT ETHUSDT BTC.D BTCUSD BTCUSDT.P