Technical analysis by dudebruhwhoa about Symbol BTC: Buy recommendation (12/17/2024)

Short-term:Bitcoin is in a parallel channel on the 4h chart.Break above the channel to head towards 120k and continue making new ATHsBreak below the channel to re-test 85-90k.Long-term:Bitcoin is likely going to approx 132.5k, as shared here:Channel lost, downside targets are 89-90k and then 85.5k if it fails to reclaim the channel: