Technical analysis by amarks3d about Symbol BTC: Buy recommendation (1/5/2024)

BTC to 69k before major pullbackThe target for the macro head and shoulders was hit precisely, so it'd make sense if the inverse head and shoulders target hit the target as well. My guess is the major pullback (similar to the May 2021 crash) happens there.Also think a Wyckoff distribution gets formed there.BTC ETF approval sends BTC another leg up into a BC (buying climax), just like the Telsa announcement in early 2021. and starts to form a distribution schematic, rotation into alts, then back down to 35k to reaccumulate, then back up.Not financial advice