Technical analysis by VectorAlgo about Symbol BTC: Buy recommendation (12/26/2024)

#BTC/USD #AnalysisDescription---------------------------------------------------------------+ Dec 2024 Bitcoin chart looks exactly like the pattern of the Dec-2023+ In Dec-2023 we saw similar channel formation and price broke down from the support line briefly and then bounce back in January. + The same pattern we are seeing now, channel formation completed and price broke down from the support line of the channel. + I'm expecting price to decline further upto 85k zone and bounce back from there. + A bounce back from this zone will push the bitcoin price parabolic. ---------------------------------------------------------------Enhance, Trade, Grow ---------------------------------------------------------------Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.Best Regards,VectorAlgo85K to 87K is the bottom i'm expecting