A new buying opportunity for BTC for the symbol BINANCE:BTCUSDT by analystkivanc? — NewsOfFinance

Let’s take a look at BTC on the daily chart.

It failed to break the 24000 level and broke the downward trend since July 13.
An upward trend has been observed in MFI (money inflow) since the beginning of the week. stochastic RSI tends to form a double bottom. An upward movement can start from the level of 19700-20000.

Although there is no clear buy signal yet, we can say that the current outlook for gradual entry is at a stage to be evaluated.
From here, 21800 targeted positions can be taken.

Soruce : https://tr.tradingview.com/chart/BTCUSDT/2NORB23c/

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