BTC, it is not hard to understand part 2
Given the recent parabolic run, it is reasonable to conclude that we have bottomed, however my last longterm BTC idea still can stand. I theorized in the last idea that we are in a triangle that is part of a bull pennant.
In this idea price goes up now to meet the resistance of the triangle at 10.3K then drops to the support of the triangle at around 4.5K. After which the longterm bull run will start and end in August 2023. The end date of the bullrun is extrapolated by from the previous bull runs periods.
This view is commensurate with my WxYxZ idea .
In this idea price goes up now to meet the resistance of the triangle at 10.3K then drops to the support of the triangle at around 4.5K. After which the longterm bull run will start and end in August 2023. The end date of the bullrun is extrapolated by from the previous bull runs periods.
This view is commensurate with my WxYxZ idea .
Related publications
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.