Technical analysis by THE-real-Deal about Symbol BTC: Buy recommendation (12/25/2023)
https://sahmeto.com/message/805350

THE-real-Deal
Rank: 14531
Analytical Power:
1.5
BTC YEARLY Analysis
Buy
Price at Publish Time:
$43,693.69

BTC YEARLY Analysis Looking at BTC and it says it all ! in 2023 we recovered all the loss of 2022 and this is as bullish as it can get! if the price by the end of 2023 manages to stand above 46.2 K witch is the start of previous year loss, it will create a big buy signal for the next year. usually BTC operates well in a background which US dollar is on the fall and this fits our currents scenario. US federal bank looking forward to cut rates due to deflation and this just creates a big room for BTC to hike and its showing big signs of it. all and all expecting a perfect year for BTC and predicting that in 2024 we will pass the resistance level of 69k and reach higher highs.
Source Message: TradingView