BitcoinLong
BTC 2024 Halving Expectations
█ OVERVIEW
Historically speaking,BTCUSD halving events have shown that price touches the 38.6% retrace level of the then ATH, to its respective trend low.
On another front, each ATH since 2014 has lasted just under 4 years, at 1100, & 1200 days roughly.
Under these two premise, one could expect 35k to be a support level we touch in April 2024 and the current ATH to be challenged around 70k at the 1150 day mark in Nov/Dec 2024 with price discovery AKA Bulls on Parade thereafter
Historically speaking,
BTCUSD halving events have shown that price touches the 38.6% retrace level of the then ATH, to its respective trend low. On another front, each ATH since 2014 has lasted just under 4 years, at 1100, & 1200 days roughly.
Under these two premise, one could expect 35k to be a support level we touch in April 2024 and the current ATH to be challenged around 70k at the 1150 day mark in Nov/Dec 2024 with price discovery AKA Bulls on Parade thereafter
Eric Thies
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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.
Eric Thies
Clause de non-responsabilité
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.