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
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
Note
Our thoughts on the likely future BTC price a year ago.Worth re-reading
Note
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.Note
On the 3-day timeframe, the BTCUSDT price clearly hints at a desire to continue growingTrade 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?)
Note
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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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
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.