Technical analysis by CryptoHellas about Symbol BTC on 6/23/2024

BTC/USDT Binance1D Hollow CandlesticksAfter a price correction, a support area results from extending the golden ratio of the last Fibonacci retracement.Also, there are multiple resistance levels, with the price needing to break $73.777 to move higher.A symmetrical triangle chart pattern has been formed, as it is a period of consolidation before the price is forced to break out or down.A breakdown from the lower trend line marks the start of a new bearish trend, while a breakout from the upper trend line indicates the beginning of a new bullish trend.Since the starting of the previous bull run, a resized fractal (bar pattern) show a possible price movement.In a long run, a forecast indicator shows a target at 100K.Market Cap: $2.32T -1.02%24h Vol: $34.73B -4.50%Dominance: BTC: +54.3% ETH: +18.1%Good LuckCryptoHellas Team