What if this is the end of the halving cycle, will we visit the 20k after all...
Note
43k support has been hit faster then expected.Note
A daily close below 50k will make the trend resume as expected.Trade active
Prediction is still on track, a close below 40k will be a strong signal that we are going to reach our predicted target of 30k. When we hit the 30k support things will get really interesting.
Trade active
30k inbound.
Trade active
Trade closed: target reached
Target of 29K reached, expect further downtrend towards the 20K support.
Note
20K as expectedNote
Looks like confirmation to me, because the BTC price is following the stock markets i don`t think 18k was the bottom.
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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.