Bitcoin mid-cycle shakeout
Updated
A parabolic run is expected after the mid-cycle shakeout!
Note
This Bitcoin Cycle is expected to continue till Fall 2021.We are now in the mid-cycle-shakeout.
MACD bullish cross is expected this summer.
Possible bullish Momentum divergence is expected to be seen in the weekly charts.
The Bitcoin bull-cycle will end with a parabolic run toward 100K-300K probably this Fall 2021.
Note
Comment: 28K was reached to hit the stop-losses and then bounce back up.eyeing the V-shape recovery this summer.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.