Updated my previous suggestion about BTC price behaviour, based on global periods.
Until Sep.2023 - dump
Oct.2023-Feb.2024 - growing up to 40 000
From Sep.2024 - next rally
Following year bitcoin price should show two intersections of MA50 and EMA25. It means the price will accumulating in zone 15 000 - 35 000. Almost impossible price go high than 40 000 before halving. And there is great chance to see price close to 10 000 for a small period.
News dictates everyone search for shock situation with big dump up to 6500, the same was...
I suppose Hang Seng Index has found the bottom. In that case probably now we have a good point for buying. Xiaomi shows W-pattern, and week oscillators demonstrate future growing.
Previous 2-3 years China economic was very "sick", however I suppose now Hang Seng Index has found the bottom. Next year (from this moment) will be a good year for investing in China.
Globally Russian ruble has logarithmic growing channel for previous 25 years. In previous year both boundaries of this channel was tested. Now the price accumulating under resistance 82.5 rub, and it had been tested for seven times previous 10 years. Correction will continue on average channel what means 100 rub at 01.01.2024.
I suppose, SP500 index following year will show the same pattern as in period 1998-2011 years. It should be checked in correction in April 2024 according recession problem.
My opinion that BTCUSDT on following year shows correlation pattern Dec.2019 - Oct.2020. Now the price is on period correction growing after pumping in 2020 (is the same as period Dec.2019 - Oct.2020 after pumping in second half of 2017).
Global dump can be right this summer. And it has several causes:
1. Week's oscillators shows start of correction.
2. Bad news...
