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Samim Akhtar Najiya
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Bitcoin Bullets® Market Analysis NOVEMBER 9th, 2024 ➖➖➖➖➖ ⚪️TECHNICAL (DAILY) Absolutely, a weekly close above the bull flag resistance could indeed signal a sustained move up. With $BTC finally breaking out after an extended descending channel, this could set the stage for reaching those ambitious targets around $80,000 or even beyond. Holding above these levels will be crucial to confirm the breakout momentum and attract further buy interest. 📈 ⚪️WRAP-UP (VIP) $BTC's breakout above the flag pattern's resistance, along with support from all key EMAs, reinforces the momentum toward $80,000! The EMAs acting as support suggest strength in the trend, and the breakout adds confirmation that this movement could reach that next major level if it maintains its current path. 📊🚀 $BTC DAILY RANGE: 📈Upper Limit: $80,000 📉Lower Limit: $69,349 (+-16.84 based on moving average volatility open/endpoints) 📌SCALP ENTRIES (VIP) (*Advanced traders only - moderate/high risk) 🔵LONG 💲76,464 🔴SHORT 💲73,035
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