based on previous halvings, expecting price to come down a bit and accumulate before starting the climb up.
Fib trend gives me 2 significant targets for highs: Mid Jan 2025 and mid Jan 2026.
I've mapped out potential fib targets based on standard fib extension targets.
i.e. 2.272 - 2.786.
However saying this, fib extensions from low to halving project different targets for a bullrun.
previous bullruns have reached fib extensions of between 8-9.
I'll add another chart in the comments showing this.
Fib trend gives me 2 significant targets for highs: Mid Jan 2025 and mid Jan 2026.
I've mapped out potential fib targets based on standard fib extension targets.
i.e. 2.272 - 2.786.
However saying this, fib extensions from low to halving project different targets for a bullrun.
previous bullruns have reached fib extensions of between 8-9.
I'll add another chart in the comments showing this.
Note
the low was spot on here, excited to see if the high plays out as well..Trade active
BTC on targetTrade closed: target reached
Note
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Telegram: t.me/theNinjasDojo
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
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.