Technical analysis by HaydenOtto about Symbol BTC: Buy recommendation (2/19/2024)

Bitcoin ETF flows have continued to exceed recent expectations. On average it would seem we have been seeing about $500M in new money come in every day. If this continues, which I expect it will, price will continue toward the previous Bitcoin ATH around $70k very soon. In short term however, I think price will hit the $60k area by or in March. This is the measured move of a large bullish megaphone pattern, that just successfully completed a retest of the upper boundary at $50k. Happy trading!Bears in disbelief.Target hit. Took some profit but gonna let the rest run into the 60k's.Fully closed out everything here. Great trade!