Bitcoin Weekly Time Frame
If we consider double channel for bitcoin from 2019 low to today we can find something like this which respected out trend lines very well.
based on increasing inflation, increasing DXY, increasing OIL price I expected to see new local low like 23900 - 24200 and after a bit of sideways we can bounce from bottom line of our channel to up and start bullish market for closing to halving.
according to this analysis I expected bitcoin achieve 30k - 31k before halving and then pump much more powerful to higher targets.
in meanwhile some news like ETFs may change our scenario.
based on increasing inflation, increasing DXY, increasing OIL price I expected to see new local low like 23900 - 24200 and after a bit of sideways we can bounce from bottom line of our channel to up and start bullish market for closing to halving.
according to this analysis I expected bitcoin achieve 30k - 31k before halving and then pump much more powerful to higher targets.
in meanwhile some news like ETFs may change our scenario.
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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.