Commencez
hnizdos

Bottom is in! Bitcoin hitting 50k in April 2023

Long
Bitcoin (COINBASE:BTCUSD)  
hnizdos Mis à jour   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Bullish Patterns bullrun halving halving2024 bottomisin bottom
9
1
trendanalysis chartpattern bullish bullrun halving halving2024 bottomisin bottom
If we look in the previous bull run, there are few main points:
  • After the breakout of the falling price and weekly RSI resistance, it took BTC approximately 160 days to make a second peak at 0.618 fibo level
  • Such a movement would take us to about 50k at around April 2023
  • There are actually many similarities - mainly the big channel that the btc stays in the whole time, breaking out only around halving
  • Also, in the previous run, breakout of the falling price and RSI weekly resistance accured at the same time, same as now
Commentaire:
Commentaire:
Commentaire:
Commentaire:
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.