Technical analysis by efafinans about Symbol BTC on 9/23/2024

When I specify that I expected a decline in August 24, it had a decrease from $ 64,000 to $ 52,000. On September 10, I said I was purchased and said that I expected an upward rise towards 65k-70K, and at the moment #bitcoin rose 21 %to $ 64,000. Details are included in the graph. So what will happen next? When we look at the week, there is a positive look. As I said before, a firm break should be found on 65k for the continuation of the rise. When we hold on over 65k, I expect 70k and then a new ath attempt. Although it is a positive weather in the weekly, it is seen that we have difficulty in the daily graph. From here, a correction movement to the 59K-60K band seems more likely. In order to deteriorate the existing structure, a rapid break must be found on 65K. I will be involved again if the sales I expect. When we look at the On-Chain side, we see that there is a serious liquidity accumulated at 62.2k. I don't think it will come out without cleaning it. In summary, 65K stands as an important resilience zone for us. It is likely to eat profit sales if not exceeded. On the lower side, 59K-60K levels are the regions we expect for purchase. This analysis is my personal notes. Please do your own research before investing. Abundant gains to everyone! - Work Current Price: $ 63.959 Note: It is the continuation of the previous analysis! I want to add one or two more sentences. Previously, August is troubled, I said I'm looking positive for September. With the Carry Trade crisis in Japan in August, we saw a 27 %decrease in 19 %. The decline continued in the first week of September and then a 24 %rise. With the Fed interest rate decision, the markets turned upside down. There is definitely a reason behind every analysis I give a very rare history. The reason I looked at September positively was the Fed interest rate decision. After 4 and a half years, the Fed made an interest rate discount. Now I want to talk for October. As you know, there will be US presidential elections in November. Remember, markets always act according to expectations. Trump If selected, the crypto market will experience a serious output, but it is possible to say the opposite if Kamala wins. In October, there will continue the firing between the duo. I think we will move to saw mode in October as in August. Especially the 65K level is important for us. Profit sales will continue to be possible unless you throw it on it.