Technical analysis by Elerado about Symbol BTC on 10/15/2023

Bitcoin now seems to have created the Top-Body-Bottom regions. A map has been created that shows us how we can take action in case of what will happen. Bottom points are available for buying. The torso area is a trendsetter. The peaks will play a saturation-indicating role. Our Weak and Strong trends continue. Breakdowns should be followed and positions should be opened in interactions at appropriate times. We are currently at 27000 levels. Support levels: 26760/25100 Weak supports: 22900/21500 Demand and Bottom points: 20000/16300 range Resistance Levels: 28800 Body area 30000-31800 range The following stages are respectively: 36600/45350/48280/53950 Supply and Peak regions: 61700/69000 My own strategy: I bought/transacted as much as I could from the Demand-Bottom zone, if it comes, I will do more. Pass 50% cash in resistance zones. I am starting to buy again, provided that there is a 2% and 3% stop loss in the support zones. Unfortunately, this situation will continue until the trunk area. With the breakout in the body region and the reversal of the image, I will convert the 50% share in each support resistance region into 25% cash. I am thinking of cashing 50% again at the peak and buying again according to the appropriate point. Bottom points: 50% spot 25% cash 25% trade Body point - Bottom points: 25% trade 75% cash Body point: 25% spot 25% cash 50% trade Body point - Peak range 50% spot 50% trade Peak 25% spot 25% trade 50% cashComment: The trend line was broken hard. Retest must be waited. The process is active: The analysis continues to run. The break above the body area brought an 8% increase. We can expect a retest from 32000-30000 levels. In order to truly call it a Bull market, we need to see the levels of 36600-48280. The transaction is active: First target arrived. Transaction is active: I switched to 50% Cash, I continue with 25% Trade and 25% Spot. I'm focused on altcoins, waiting for the money flow to change. Comment: I'm counting down to the monthly candle. A close above 70k ignites the rally.