Technical analysis by IlLancelotHere about Symbol BTC on 10/24/2024

Hello Friends, we are here with the updated version of our analysis from April. This 6-month period passed with halving and post-halving shaking and fluctuations. My expectation of a new record was like August-September, but shaking still continues due to the Israel-Iran war and regional tensions. I updated the dates according to the course, the first shaking phase is over in general. We still haven't passed the first rise phase. When we look at the MACD, it gave the first buy signal in the weekly in the positive region and more importantly when we look at the 3-month MACD, there is a pennant and the pennant handle depth is 34k, the primary target is 105k, that region will be passed twice in the peak walks (I think the first peak and the second will be above 105k, my opinion is valid between 126-130k at most). And the 3-MONTH MACD has a Three inside days situation at the end of the pennant, it is also very squeezed in the monthly, the pennant needs to be broken and a monthly close above 70k. According to the Bollinger band, 71k is the psychological resistance, there is exactly 1 week before the monthly close. The consolidation continues between 65k-70k. The monthly close of 71k indicates the wick of the rise. It will burn. I am following. I will continue the updates on this chart. ***NOT INVESTMENT ADVICE.****- YOU CAN REVIEW THE PREVIOUS MEGA BULL IDEA BELOW. 'STAY CALM AND HODL!' Bitcoin started its record march, this Thursday night's closing will be positive above 70k, and a more positive closing above 71k. If the weekly closing is above 71k, the bull wick will be lit. We are entering a period full of records until December. There is a weekly cup-handle formation in the short term; the primary target is around 88k. As a long-term bull target, TOBO is formed in the month, when it breaks upwards, the target is exactly around 125k, we are going in accordance with the scenario, I am following. The monthly closing came to 70,300, we are positive in the month. This shaking is normal before the US elections, there are price drops in US stock markets, gold and many other investment instruments. It may fall as much as 66400 times until November 6. I think that records will continue in November. I am following. President Donald Trump became the president, the record period has officially started in BTC. A bullish start with ups and downs has been given until the beginning of October next year. Good Luck to All