1D timeframe.
There are 2 signs that the price of Bitcoin is about to explode:
1. We have broken above the ATH
2. BTC peaks Nov-Dec in historical halving cycles 2013/2017/2021
And there are 2 paths that could play out.
1. Great.
BTC has touched an uptrend (white line with 3 x red crosses). A break above this uptrend + a weekly candle close above 110K could result in a parabolic run to the upside with a target estimate of 246K. A bounce off the uptrend could be a good long entry.
2. Good
We break below the uptrend represented by the thick white line and said line begin to act as resistance. This would result in a higher high estimated at 125K. A bounce off 95K could be good long entry.
There are 2 signs that the price of Bitcoin is about to explode:
1. We have broken above the ATH
2. BTC peaks Nov-Dec in historical halving cycles 2013/2017/2021
And there are 2 paths that could play out.
1. Great.
BTC has touched an uptrend (white line with 3 x red crosses). A break above this uptrend + a weekly candle close above 110K could result in a parabolic run to the upside with a target estimate of 246K. A bounce off the uptrend could be a good long entry.
2. Good
We break below the uptrend represented by the thick white line and said line begin to act as resistance. This would result in a higher high estimated at 125K. A bounce off 95K could be good long entry.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.