Bitcoin (BTCUSDT) Technical Analysis – 13 October 2024

The BTC plan is clear now. 62.5k is the key level to watch. Either we break out of this beautiful bull flag, or we see another leg down within it.

Honestly both are equally possible, but I’m leaning toward a breakout this time rather than dragging on another two weeks in this pattern. Otherwise we’re looking at a ridiculous Q4 with another bearish October.

Let’s see how it plays out.

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