Bitcoin Has Another Bull Run !
2024-10-10

Bitcoin has shown signs and patterns in the daily time frame that can be analyzed with the current data.

It looks like a diametric has finished (A) and then the price has entered a bullish phase.

In the bullish phase, we have an ABC/WXY whose A/W has the signs of a diamond diametric.

We expect waves X and Y because the time of wave A is much larger than the current pattern (A/W).

The green range could be the start of a bull run in Bitcoin.

Closing a daily candle below the invalidation level will violate the analysis.

Note : This is only a possible scenario, please do not forget to manage risk

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You