Technical analysis by cerealindicator about Symbol BTC: Buy recommendation (11/15/2024)

as long as we stay above mPOC and VAL weekly i expect the trend to simply continue from where it was during the last breakout. during other bull markets the break to new all time highs led to doubling in price. this is a market that will continue to chop around, but remain bullish as long as there isnt a major crash. the last all time high was in the mid to high 660KS region, so i expect the next top to be in the low to mid 120ks. there is a lot of room to work with to keep this momentum alive for bulls.