Technical analysis by Nicholas_k about Symbol BTC: Buy recommendation (11/19/2024)

Bitcoin had a good consolidation period and now is breaking up again. I can see this run taking us to nearly the 100K mark especially if DXY stays under its key resistance level. Currently leveraging into XAU and BTC. Hoping to see new highs for Gold and continued upward movement for BTC. I would imagine at 100K we will likely see some form of sell off and overflow into other cryptos as investors start securing profits and further diversifying. Overall I have a target of 200K for Bitcoin over the next 5 Years.Profits Closed Last Night - Good Win. Took Profit slightly before the 100K mark personally as what happens next is unprecidented. See my updated analysis on my current short entry.