Bitcoin / TetherLong
2019 all over again?
Updated
Bitcoin is looking to repeat 2019 price action, with this bear run rally.
It would bring us above 40,000$ and then slowly bleed into 2024 and a real bottom, before next halving.
I don't guarantee for the exact days and numbers, but if true, we are in for 40-60 more days of pump, before rest of the year slow bleed to 15-17k area.
Confirmation of this idea: next few weeks close green, consecutive.
Rejection: new low on weekly.
It would bring us above 40,000$ and then slowly bleed into 2024 and a real bottom, before next halving.
I don't guarantee for the exact days and numbers, but if true, we are in for 40-60 more days of pump, before rest of the year slow bleed to 15-17k area.
Confirmation of this idea: next few weeks close green, consecutive.
Rejection: new low on weekly.
Note
Bearish engulfing on weekly complete!Now we await for weekly bullish engulfing and we have confirmation to 40k.
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