Long

Updated

BTC Longterm Foercast - $37k 2023 High

Post $30k target and break of descending channel, new revised bitcoin target is $37k. New scenario structure based on Multi-year Adam&Eve with the 200 WMA acting as an anchor. Scenario has parallels with wider equity market expectations.

Immediate: $28,500 long entry
Sept: 37,500k short to $22k

Speculative but viable.

Best, Hard Forky

https://www.tradingview.com/chart/BTCUSD/1YDcjQSH-BTC-2023-30k-viable-if-BTC-can-quickly-capture-18k/

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Local Entry should look something like this

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Final long Entry.

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That should have been the local bottom

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next leg - $32k target

Trade closed: stop reached

Structure broke down, failing to break up to new local highs. Stopped for minor gain. Expecting $28500 to act as new resistance in coming week.

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Alt Season possible inbound

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$25,350 needs to hold over the next few days.

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$26,700 viable target

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Only as far as $26,500 before break of support - expecting fake-out

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possible break out

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short incoming

hardforky

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hardforky

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