Technical analysis by nakreko about Symbol BTC on 12/17/2024

If you get caught up in the idea that the market did this in the past and that it is doing this now, you will start to see similar structures in the graphs. So what kind of structure do I see? Let me explain: 1. BLUE BOX: After accumulating inside the box, a 21-22% drop from the box ceiling. Outside the box, horizontal binding with small volumes for 2-5 weeks. 2. Bull run. 3. YELLOW FLAG/PENNIAL: Living the bear to our core with the pennant/flag formation that falls after the end of the bull. 4. PINK BOX: When this pennant/flag breaks upwards, everyone goes into a flying and running away mode, so that things are not that easy. 5. BLUE BOX again. If the same structure occurs again, a drop to 86-82k in the blue box, then a horizontal process by playing dead for 2-6 weeks and then maybe going to 178k or 286k. If you ask how you determined these targets, I copied the previous bull run candles and posted them. The characters, institutions and events described in this story are completely imaginary and have no relation to real people, institutions and events. Especially, they have nothing to do with investment advice. They are things written and drawn in a manner that says let's see what the future will bring. Stay healthy.