There is a global view of Bitcoin's price from 2012 to now.
When you're watching the chart like this, you understand that Bitcoin is still upward.
Today, we are in the same price configuration as 2014/2015 with in formation. I shared yesterday a "Psychology of Market Cycle" for the Bitcoin , and we are at the end of the cycle :
Now, it's time to start over. from now to mid-november, will be the important month to confirm that cycle, we need to stay above the (the same as 2012) and i think Bitcoin can reach more than 30 000 $.
Since five months now, Bitcoin looks staying in the same price range (6000-7500 $) and this looks like an accumulation period before a new "bull run".
I think, everything is ready to start over and reach new higher historic prices.
Thanks to @ eduardokaykedasilva to gave me this global price idea.
Thanks for your time guys !
The last time when Ichimoku switch on red, it was in 2014, and you now what's happened...
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.