Technical analysis by DNA_fxview about Symbol BTC: Buy recommendation (12/28/2023)
https://sahmeto.com/message/808988
DNA_fxview
Rank: 19221
Analytical Power:
1.4

Hello everyone! What do you think about the BTCUSDT currency pair? I believe that BTCUSDT will increase in value as macro factors, including the possibility of approval of a Bitcoin spot ETF in the US, the possibility of a recession in the US, monetary policy reversals, and risk geopolitics, contributing to a favorable outlook for Bitcoin prices in 2024, thereby supporting this currency pair. From a technical standpoint: BTCUSDT is likely to form a cup and handle pattern and if successful, the price could break above $43687 and form a new high. Do you agree with my opinion?
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Signal Type: Buy
Time Frame:
1 hourPrice at Publish Time:
$43,545.86