๐ฅBTC ALWAYS MAKE IT AFTER THE RANGE: HISTORY AND MY FORECAST
๐ฅHi friends! We already forget how Bitcoin can grow and it makes the New Year gift for all of us. A week ago, I opened the spot and futures position at $16,900-17,100. Since there was no false breakout at $17,500, so this trade is still open.
But what is my current target for BTC? We need to take a look at the previous situations on BTC chart. It was always pumping after exiting the range.
๐ BITCOIN MOVES AFTER EXITING THE RANGE
I've taken the price history from 2019 and make some research. The price pumps in 100% cases, but with a wide range:
๐ฉ2019
1. +238%
2. +32%
๐ฉ2020
3. +53%
4. +29%
5. +470%
๐ฉ2021
6. +110%
๐ฉ2022
7. +28%
8. +12%
๐ฉ2023
9. +23%? - the pump is just starting
So BTC had +12-470% PUMPs after the range breakout. Now it's already +23% of profit, so the PUMP is likely to continue. As you see, BTC has 1-3 pumps per year, so we can expect 2 more HUGE pumps this year too.
โ MY TARGETS FOR BITCOIN:
๐ฅ First scenario. BTC pullback to $18,000-18,500 and after that move to $35,000-42,000. This pullback allows the price to calm down a bit. Actually, this helps BTC to grow higher.
๐ฅ Second scenario. BTC will pump to 28,000-32,000 straight after some consolidation at $20,000-21,000. The targets are reduced because without a pullback the price will be too "overheated".
๐ฉ Traders, be careful these days. I will open/close the trades depending on crypto market situation. Stay tuned to get more timely and profitable updates.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
But what is my current target for BTC? We need to take a look at the previous situations on BTC chart. It was always pumping after exiting the range.
๐ BITCOIN MOVES AFTER EXITING THE RANGE
I've taken the price history from 2019 and make some research. The price pumps in 100% cases, but with a wide range:
๐ฉ2019
1. +238%
2. +32%
๐ฉ2020
3. +53%
4. +29%
5. +470%
๐ฉ2021
6. +110%
๐ฉ2022
7. +28%
8. +12%
๐ฉ2023
9. +23%? - the pump is just starting
So BTC had +12-470% PUMPs after the range breakout. Now it's already +23% of profit, so the PUMP is likely to continue. As you see, BTC has 1-3 pumps per year, so we can expect 2 more HUGE pumps this year too.
โ MY TARGETS FOR BITCOIN:
๐ฅ First scenario. BTC pullback to $18,000-18,500 and after that move to $35,000-42,000. This pullback allows the price to calm down a bit. Actually, this helps BTC to grow higher.
๐ฅ Second scenario. BTC will pump to 28,000-32,000 straight after some consolidation at $20,000-21,000. The targets are reduced because without a pullback the price will be too "overheated".
๐ฉ Traders, be careful these days. I will open/close the trades depending on crypto market situation. Stay tuned to get more timely and profitable updates.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
์กํฐ๋ธ ํธ๋ ์ด๋:
๐ฅHi, friends! Now the price follows our yellow scenario.
BTC has already grown by 39%, and my cryptocurrency portfolio has grown by more than 50%. Amazing time to be at crypto market and trade all this crazy moves!
Stay tuned!
BTC has already grown by 39%, and my cryptocurrency portfolio has grown by more than 50%. Amazing time to be at crypto market and trade all this crazy moves!
Stay tuned!
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