BitcoinLong
$BTC 266K price target based on multi-year accumulation...
This is a weekly showing a big-picture perspective of BTC. Note the multi-year accumulation (base), the breakout, the first bull flag which broke out near the election, and the current range it is in. I believe big players are accumulating again before the next push up. Based on the depth of the accumulation, I believe a reasonable price target is approx 266K. Best of luck. And best regards.
-Mr Joseph
-Mr Joseph
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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.