Seems that Bitcoin got enough power on the accumulation phase to release a new wave. This time, aiming to target the 11800 - 12000 region as a local target, which is a PVPC resistance and also matches the 1.618 Fibonacci projection based on the last wave.
The Santo indicator shows that the bandwidth is becoming large which means that the trend is gaining strength.
Once we can see the Bitcoin halving coming in the horizon and the technical scenario is turning positive, I'm quite bullish with what comes ahead for Bitcoin, at least upon the price perspective.
The Santo indicator shows that the bandwidth is becoming large which means that the trend is gaining strength.
Once we can see the Bitcoin halving coming in the horizon and the technical scenario is turning positive, I'm quite bullish with what comes ahead for Bitcoin, at least upon the price perspective.