Technical analysis by WiseAnalyze about Symbol BTC on 10/22/2024
https://sahmeto.com/message/3360269

WiseAnalyze
Rank: 12938
Analytical Power:
1.5

BTC closed last week above July weekly swing close 🔥 Multiple RSI on Month TF also shows bullishness, similar to what it had on March 2023 (after that BTC started it's bull run for ~278%). This chart is bullish, so whatever I write about pullbacks/dips, remember - I mean short term price action that is for buying.Bitcoin dips to 65500-66500 and bounce back fast should be taken as a fast bullish scenario. That would allow to add more to longs in both BTC and alts. The zone for potential wicks is around 63.5-64.5k - not sure how high are the chances for such a dip, but since it will surely bring panic to the market, it is absolutely possible.
Translated from: English
Show Original Message
Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$66,896.58