Technical analysis by Alejandro913 about Symbol BTC: Buy recommendation (1/30/2025)

Bitcoin turned bullish on its 1D technical outlook (RSI = 59.434, MACD = 1198.600, ADX = 26.499) as it found support on the 1D MA50 and is rebounding. The emerging pattern is a Channel Up and coming off an Arc consolidation in December, it draws strong comparisons with the price action after August 2024. The 1D MACD shows that once BTC rebounded on the 1D MA50 (October 10th 2024), the indicator formed a Bullish Cross, which is exactly what is happening now. This paved the way for the parabolic rally that peaked near the 3.5 Fibonacci extension. That shows that this is the time to engage in a confirmed long position again and target at least the 3.0 Fibonacci extension (TP = 150,000).t.me/+OrHwACfjBpNhMzRk As you can see, we have made huge profits recently by trading gold and Bitcoin. If your account is losing money and you want to recover your losses, you can contact me. No matter how much money you have, I can help you! Click to join us: t.me/+OrHwACfjBpNhMzRk