My previous analysis stands by me, and I have identified the strongest buy point that the price is expected to target in the range of $61,000 - $60,200 📉. Check out the previous analysis for more details 🔎. My prediction of the future movement led me to believe that Bitcoin $BTC is currently forming one of the strongest bullish technical patterns, which is the bullish continuation diamond pattern 💎🚀.

What is the diamond continuity model?

The Diamond Continuation Pattern is a pattern that appears in the middle of a strong uptrend 📈, and indicates a temporary oscillation before the uptrend resumes. If the upper resistance of the pattern is broken, we can see a strong move in price towards new levels 🌟.

Why is this model important now?

Continued Uptrend: Bitcoin has made significant gains recently, and the current pattern shows a slight slowdown before resuming the upward trend ⏳.

Critical Support: The level we mentioned earlier, between $61,000 and $60,200, is considered a strong entry point in case of a temporary price correction 🛑.

Next Resistance: If the price breaks the $69,566 level, the market may witness an explosion in the upward trend towards new levels 💥.

My future prediction 🔮

My current prediction remains that Bitcoin will accelerate and Godzilla candles will appear after mid-November 🗓️. These strong candles will be a strong indicator of a rapid rise in Bitcoin after the completion of the diamond pattern, opening the way for further gains.

What should you do?

1. Watch $61,000 - $60,200 as a strong entry point in case of temporary decline 📉.

2. Wait for confirmation of the pattern breakout upwards at $69,566 🔓 to consolidate open positions 💼.

3. Be prepared to take advantage of the big move that is expected to occur after the pattern is completed 📈🚀.

In the end, we confirm that the bullish continuation diamond pattern is a positive sign for the market, and as Bitcoin approaches this pattern, we have a golden opportunity to achieve more gains 🏆.

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