Technical analysis by ZenFlo about Symbol BTC: Buy recommendation (1/16/2024)
https://sahmeto.com/message/874831

ZenFlo
Rank: 5842
Analytical Power:
1.6

Bitcoin if can break this consolidation bullish has the chance to make some price gain, if we break lower than the consolidation it hints at signs of a larger price drop incoming, as we are in an uptrend so to speak atm and after the sell of from the ETF announcement it could be a cheap price for one last potential move towards $52k. However need to keep an eye on how we react here.Struggling to break upBreak lower potential
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$43,063.86