Technical analysis by MCFractalStudies about Symbol BTC on 10/21/2024

Following up on our previous update, the market found support at the anticipated level, resulting in a double dip, and subsequently rebounded. From a technical perspective, we remain within the confines of the long-term bullish flag pattern. A break above the 70k level would confirm the end of this pattern and potentially trigger a new leg up. Meanwhile, near-term support is expected to be found around the 66k level, IF we get there. To be continued..