-Hidden bullish divergence indicates potential increase in price.
-I could see price running up to around $53K to $55K, followed by a protracted pullback.
-I still think $20K Bitcoin is more likely than $100K Bitcoin, at this point.
-I'm still bearish on crypto overall.
-I could see price running up to around $53K to $55K, followed by a protracted pullback.
-I still think $20K Bitcoin is more likely than $100K Bitcoin, at this point.
-I'm still bearish on crypto overall.
Note
Of course, it's also possible that price just dumps from here (1M chart).
Note
I think 6 figure Bitcoin is highly unlikely anytime in the next 12 to 18 months. After that? Moon!Note
And it'll be interesting to see which trend line price breaks first.
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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.