Technical analysis by niclaxfx about Symbol BTC: Buy recommendation (11/26/2024)

Trade Ideas on Bitcoin (BTC/USD)!🎯 Following our recent analysis, here's the latest market update:🔶 Bitcoin (BTC/USD)Last week, Bitcoin failed to break above the critical $100,000 mark, peaking at $99,800 due to heavy sell block orders on CEX platforms.This week, we anticipate consolidation between the $90,000-$99,000 range, setting up for a potential breakout in early December.Bullish Bias: Still intact as BTC mirrors its 2020 accumulation phase breakout pattern.Strategy: Waiting for confirmation of either a break above 100k for a long-term target of 150k, or a retest of the 90k support zone for entry.🚫 No active trades for now as we patiently monitor key levels for clear signals.👀 Watch the video for a deeper dive into these setups and the rationale behind our cautious optimism:💬 Let’s Discuss!Drop your thoughts in the ⁠💬 comment below or in our discord┃community-chat channel. Are we gearing up for new highs or preparing for a pullback?Cheers and trade smart,The NFX Team™ 💚