Technical analysis by Uptrendcrypto about Symbol BTC: Buy recommendation (11/29/2024)

Taking into account the halvening and the recent bullish news of countries and big companies wanting to establish a BTC reserve. I think we can see some crazy cycles in the future. These entities are most likely planning to hold for a minimum of 20 years. And countries won't be shy to print some extra dough for it. Some may see it as an opportunity to finally get rid of their national debt. As long as fiat exists BTC will most likely keep going up. Its that simple.A lot of crazy stuff happened around the world since the last time i posted this back in Nov 2024 Nonetheless all that world news isn't changing my outlook on Bitcoin. It was funny to see the same people who called it a scam for years now finally hopped onboard tho, hahaha. I'm still expecting a top between 300k and 600k. its hard to call this cycle with all those countries and companies FOMOing in. The EW cycle wave still suggests this is going to be a big move. A wave 5 within a wave 3 super cycle.