In 2023, the Bitcoin price followed a steady upward trend. This trend can be well "packaged" in a channel.
Where do you think the BTC price will go in early 2024? The beginning of a correction with a final target of $32000-32500 or Continued "creeping" growth to the $50,000 area
Pls, writing your opinions at the comments
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Our thoughts on the likely future BTC price a year ago. Worth re-reading
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Buyers can use the fact that they "have not yet had time to fill the GAP" that formed a year ago on the CME BTC chart. To fill it, the BTCUSD price needs to be above $53600.
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On the 3-day timeframe, the BTCUSDT price clearly hints at a desire to continue growing
Trade active
With the launch of the long-awaited BTC ETF, the price reached the top of the channel. Perhaps it's time for the BTCUSDT price to smoothly adjust to around 40k, and for altcoins to "catch up" with the growth of the Bitcoin price at that time? What do you think of this proposal?)
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Since the publication of the morning update of the idea, the BTCUSDT price has lost -5% The continuation of the negative scenario may form the following pattern
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