Bitcoin Weekly Cycles
Updated
Seems like there's a solid pattern here. I traced it on 12/08 right in the beginning of the second dip of ~20%. So far, it has played out perfectly. Let's see if it holds up.
Comment
If we cross down the 15600 support line, next stop would likely be at 13200. If the first suppor line holds, we could be seeing 20000 by Christmas.Comment
We just broke resistance at 15750. Should see a steep climb now to new ATHs.Comment
Adjusted chart: 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.