Technical analysis by The_Trading_Wizard_ about Symbol BTC: Buy recommendation (12/13/2024)

Bitcoin is currently consolidating in an ascending parallel channel after a very sharp rally. The most likely scenario is that it will remain in this channel for a while longer, until it ends up breaking up with the approach of Trump's presidency. If it breaks the channel downwards, there are chances of a slightly deeper correction, and we could visit US$90K.