Bitcoin's Accurate Strategy Signals
2024-09-29

We can see how the price bounced off the support line not long ago and broke through the support level, which is located in the buyer's area of ​​59600 - 59200. After that, the price rose slightly and then pulled back to the buyer's area, followed by a strong upward momentum. Then, BTC began to rise within the upward channel, and later almost reached the 64400 level, but soon turned around and pulled back to near the channel support line. Next, the price rose to the 64400 level, but immediately turned around and fell below it, and then repeatedly rose to this level again and even entered the support area. However, soon, BTC turned around and pulled back to the channel support line, which coincided with the general support line and rebounded, thus breaking through the 64400 level. After this, the price retested and continued to rise until it reached the resistance line of the channel. Then the price began to fall back, so I thought that BTC could fall to the general support line and then rebound, thus exiting the channel. After that, the price retested and continued to rise, so I set two target levels, the first at 66800 points and the second at 69000 points.