Historically, Bitcoin has seen new ATH's around 203 days after the halving has happened. This cycle, 203 days after the halving will be one week after the US presidential elections. November 11th, 2024 we will see new ATH's for Bitcoin. Godspeed.
Take a look at this extremely long downtrend we have been in... We just broke out of it and BACKTESTED the top of the trend. We are going higher folks... HANG ON!!!
Ethereum has been in a significant weekly RSI downtrend and it extremely close to breaking out of it. If Ethereum can manage to break up to a 90 on the RSI, that will put price at around $14,000, really really nice.
Bao Finance has been in a consistent downtrend for around 36 days now, extremely similar to the previous downtrend breakout pattern that lasted 39 days. Will we see a similar reaction?
Lots of confluence with bearish RSI divergence, Fibonacci retracement levels and EMA levels to suggest that Bitcoin could pullback anywhere from 40-50%.
