37686269725💥💥💥STANDARD IDENTIFICATION MAY OCCUR SOON 35468800301....

1D BTC graphic analysis shows the asset working within the red range of the regression trend channel. RSI oversold, with moving averages showing high volatility at this moment.

In the chart below, we have two circles; the first occurred on 09/07/24 where the asset touched the bottom of the regression trend channel and then recovered in a bullish trend, reaching the top of that channel, appreciating over 98% of BTC reaching an incredible 105K.

The second circle shows us that the asset is about to test this bottom again; if this event occurs like on the past day 09/07 - we could have a bullish moment for BTC, possibly appreciating over 50%, breaking its record of 109K and potentially reaching an incredible 116K.

Leave your comments on what you think about this possibility repeating.

Note: My analyses are not an investment indication, only for study and information.