Technical analysis by GigaJak about Symbol BTC: Buy recommendation (12/21/2024)

BTC selloff after Powell's comments Wednesday took us down to the 50 day MA. A correction I've been anticipating. This occurred multiple times on the way up last cycle. The selloff produced a descending broadening wedge on the way down. This often leads to a reversal and that's what I'm predicting and starting to see unfold. My target is 102.3 but i'll be moving SL up as I go.Coming up on 100k and I'm not selling. Lets go.Should've sold. Perfect TA, perfect plan, terrible exectution.