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Technical analysis by martinxi5u4 about Symbol BTC: Buy recommendation (11/20/2024)

https://sahmeto.com/message/2989103
martinxi5u4
martinxi5u4
Rank: 6023
1.6
Buy،Technical،martinxi5u4

Insane prediction, but I want to post it to show that I stand behind it.Long story short, I believe BTC had an ICL (Intermediate Cycle Low) in the first week of September, which sets us up for a DCL (Daily Cycle Low) at the start of November (based on cycle theory). I believe we will break $100K this week, with a HCL (Half Cycle Low) around December 4th, an HCH (Half Cycle High) on December 20th, and a DCL just after New Year’s at $100K–$115K, followed by a final push to either $150K or $206K.I see it as a 50/50 chance between $150K and $206K by mid-February/March (as shown in the blue and orange drawings). After this, I believe we will have a 4-month consolidation down to 105-150k, before a final wave in late 2024, potentially reaching an equal or higher top around $250K.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$94,298.64
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