Technical analysis by shatzakis about Symbol BTC: Buy recommendation (1/15/2024)
https://sahmeto.com/message/873721
shatzakis
Rank: 21424
Analytical Power:
1.3
Bitcoin Longer Term View on Logarithmic Chart Still Bullish
:Buy
Price at Publish Time:
$42,750.56
Given all the focus on BTCUSD recently with the launch of Bitcoin ETFs and the upcoming halving this year, it was refreshing to look at the longer-term views from a monthly candle chart on a logarithmic price scale, showing the trajectory towards SWB:69K as the next significant resistance near prior all-time highs:
Source Message: TradingView