Hello dear friends and followers of my analysis... on this occasion I explain one of the reasons why I believe that the price of bitcoin has not yet reached its maximum price in this bull run, and for this I base myself on data from the past ( left graph) at the time when the first bitcoin ETF in futures was launched, which was October 19, 2021.
I think that the current behavior of the price will have a similar behavior to that it had on that date, since on both occasions we are talking about the approval of an ETF, and as we can see, the first time that an ETF was approved the date showed a maximum which was surpassed 22 days later, and I think that this time the same may happen due to other deeper analyzes that I have done on BTC, which give me a minimum target price of 50k.
Let me know what you think of this projection. Greetings!
I think that the current behavior of the price will have a similar behavior to that it had on that date, since on both occasions we are talking about the approval of an ETF, and as we can see, the first time that an ETF was approved the date showed a maximum which was surpassed 22 days later, and I think that this time the same may happen due to other deeper analyzes that I have done on BTC, which give me a minimum target price of 50k.
Let me know what you think of this projection. Greetings!
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Profit +1000% in less than a year.
11 positive months in a row.
Verifiable in my copy-trading profile at PrimeXBT.com (cinnamon)
t.me/cinnamon_club
Profit +1000% in less than a year.
11 positive months in a row.
Verifiable in my copy-trading profile at PrimeXBT.com (cinnamon)