Technical analysis by maadoo about Symbol BTC: Buy recommendation (12/5/2024)

After the prices slightly down searching for a support, it gained a good momentum from the bullish channel bottom board to rise again scouring a new high at 103.620.The Main direction for the medium and long periods remains bullish and it may scour new highs around 106.880 area, But that relay on the stability of the channel's bottom line.As if the price was able to break through that line it may search for more supports then