Technical analysis by AdaFiy about Symbol BTC: Buy recommendation (2/1/2024)
https://sahmeto.com/message/933366

AdaFiy
Rank: 21400
Analytical Power:
1.3

DXY along with the possible reaction I shared in my previous post. BTCUSDT The 32800 scenario on the side is parallel to each other. For Bitcoin DXY The reaction developing on the side does not appear as an end but rather a beginning. Since the outlooks are weekly, I think this process will be completed by the second half of the year, when possible interest rate cuts will occur. Then, with the interest rate cuts by the FED, I think the journey to 81000 will begin for BTC as of the 2nd half of 2024. What about after? What happens next depends on the formation and scientific data...
Translated from: Turkish
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Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$42,013.46