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Technical analysis by Dexter_The_Trader about Symbol BTC: Buy recommendation (2/10/2024)

https://sahmeto.com/message/956396
Dexter_The_Trader
Dexter_The_Trader
Rank: 4600
1.8
Buy،Technical،Dexter_The_Trader

Looks like BTC is ready to head towards $50k. The daily close was at $47.1k, which is promising, and I am expecting BTC to reach $50k before the weekly close, followed by a possible rejection. When considering the support levels, $44k is set as the initial support.Comment: Can BTC reach $50k before the weekly close? The situation is intense as this is the 7th consecutive daily candle in the green. As always, it's an impressive parabolic move so far by BTC. Waiting for the weekly close.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$47,334.54
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