Technical analysis by Candle_Styx about Symbol BTC: Buy recommendation (11/23/2023)
https://sahmeto.com/message/46293

Candle_Styx
Rank: 4978
Analytical Power:
1.6
Run it back Turbo!
Buy
Price at Publish Time:
$37,462.38

besides bullish divergence on the weekly and numerous other indications like hashrate, aproaching halving etc. the probability that we have bottomed out is in my opinion quite high from what i see and feel. so here i drew some trendlines and a fib circlethe Ellipses are equal size (copy/paste) they seem dancing around the following fib circles coloured RED.1st = 1.618, 2nd = 4.618, 3rd = 6.618 i speculate the upcoming 4th = 8.618added the past halving dates and upcoming 4th halving aprox early Q1 2024of course this is not financial advise but an idea exploring visible patterns and possible target zones.let me know your thoughts.I'd say we called the bottom with this idea over a year ago didn't we?
Source Message: TradingView