Bitcoin
Long

BITCOIN hit the MA200 (1d)! Massive Support, strong rebound very

172
BTCUSD is trading inside a Channel Down pattern, which almost hit today the MA200 (1d).
The last time Bitcoin traded on this level was October 14th 2024.
Technically, this is not just a short term Channel Down bottom buy signal but also a long term buy opportunity for the remainder of the Bull Cycle.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 99000 (+22.48% rise like the previous bullish wave).

Tips:
1. The RSI (1d) is massively oversold, dipping below 30.00 for the first time since the August 5th 2024 bottom. This is a massive long term buy signal.

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