Backdrop
Political and legal clarity abound, bad actors washed out or in process after last cycle, halvening in 2024 is a generally positive leading indicator for price expansion before and after the halvening.
Classical Charting Patterns Analysis and Estimate Across Time Frames
Annual
Falling Wedge Confirmed: Target All Time High
Bi-annually
IHS Confirmed: Target 40k
Quarterly
Ascending Triangle Not Confirmed: Target 40k
Monthly
Falling wedge confirmed: Target 31.5+l
Political and legal clarity abound, bad actors washed out or in process after last cycle, halvening in 2024 is a generally positive leading indicator for price expansion before and after the halvening.
Classical Charting Patterns Analysis and Estimate Across Time Frames
Annual
Falling Wedge Confirmed: Target All Time High
Bi-annually
IHS Confirmed: Target 40k
Quarterly
Ascending Triangle Not Confirmed: Target 40k
Monthly
Falling wedge confirmed: Target 31.5+l