Technical analysis by basictradingtv about Symbol BTC: Buy recommendation (11/8/2024)

Bitcoin (BTCUSD) is finally breaking all resistance:Click chart above to see the detailed analysis👆🏻Patience once again paid off after Bitcoin has been retesting the previous all time high for about 250 days, not really being able to create a sustainable breakout. But now, after all this waiting, things are happening pretty quickly and Bitcoin is on its way to the magical $100.000 level.Levels to watch: $70.000, $100.000, $300.000Keep your long term vision,Philip (BasicTrading)Trading update on Bitcoin (BTCUSD): Click chart above to see the detailed analysis👆🏻 Wow, just within a couple of days, Bitcoin pumped +30% and is clearly on its way to hit the magical six figure mark. However momentum is just starting to pick up and although a short term correction might be likely, the overall trend is clearly bullish and Bitcoin might retest the upper channel resistance soon. Levels to watch: $100.000, $300.000 Keep your long term vision, Philip (BasicTrading)Trading update on Bitcoin (BTCUSD): Click chart above to see the detailed analysis👆🏻 Bitcoin is slowly making its way to the magical six figure mark and we would only need another move of about +10%. Depending on where you actually bought Bitcoin during the bear market, it is actually a smart idea to take partials profits now. However everything remains super bullish. Levels to watch: $100.000, $300.000 Keep your long term vision, Philip (BasicTrading)