Technical analysis by TSFC about Symbol BTC on 10/7/2024

Now, BTCUSD has formed an ascending pattern AMEXP (yellow)👇 that describes a correction within the previous descending pattern AMEXP (red)👇 If now the price can break through the $64,076-$64,236 zone, we may see a continuation of growth with targets at $64,738 and $64,955, followed by a correction to the range around the $62,368 level. After that, we will have to watch the reaction to this zone and the trend line in more detail, as there is a possibility to go to $66,000, and there is a possibility to renew the swing low and say hello to $57,834 - so the area around the $62,368 level will be an important place for decision making.As we expected in our review on Monday, after breaking through the level of $64,000 the price corrected to the level of $62,368, where we are now🤔. The only thing is, of course, we thought that the price would stay a bit longer above $64,076 and try to test at least $64,738, but the movement was extremely fast ⚡️