$BTC About to make a (big) move?
According to historical percentage pattern; BTC seems to be on the verge of a critical conjunction:
I think politics also plays a big role here, mainly US elections & ongoing worldwide conflicts. The more crazy things go, the more unpredictable / unexpected scenario takes place; i.e. Scenario A
Otherwise, we're looking at a more stable Scenario B
Safe trading 🙂
- Scenario A: Retest 38k, if it holds; retest previous ATH of ~79k. Afterwards start new (gradual) bull run to new ATH ~327k
- Scenario B: Bull run (gradually) to new ATH ~280k
I think politics also plays a big role here, mainly US elections & ongoing worldwide conflicts. The more crazy things go, the more unpredictable / unexpected scenario takes place; i.e. Scenario A
Otherwise, we're looking at a more stable Scenario B
Safe trading 🙂
Note
Correction: the more crazy/uncertain things go, the higher the new ATH is (regardless of momentum/waves/path)
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.