FORECAST $BTC
The forecast ahead of the Halving is currently quite tricky but good for some altcoin narratives. There's a slight missed area rejection where the previous plan closed rejected at the $59,325 area, but the actual market closed at $60,800.
From a technical standpoint, the harmonic cypher pattern suggests that bitcoin will experience an increase in the range of $79,000 - $81,800 and then undergo a correction.
From a technical perspective of the ABC wave correction, if the monthly closing is under $69,000, it could be interpreted that in April, BTC will correct after the Halving news.
From the perspective of the bullish megacycle wave, if the $81,000 area is breached, the next move for BTC would be towards $90,000 - $110,000.
These are some boundaries of the plan that should be considered before diving into crypto.
PLEASE READ CAREFULLY BEFORE BUYING IN THE MARKET.
From a technical standpoint, the harmonic cypher pattern suggests that bitcoin will experience an increase in the range of $79,000 - $81,800 and then undergo a correction.
From a technical perspective of the ABC wave correction, if the monthly closing is under $69,000, it could be interpreted that in April, BTC will correct after the Halving news.
From the perspective of the bullish megacycle wave, if the $81,000 area is breached, the next move for BTC would be towards $90,000 - $110,000.
These are some boundaries of the plan that should be considered before diving into crypto.
PLEASE READ CAREFULLY BEFORE BUYING IN THE MARKET.
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.