Bitcoin from the last update has completed the consolidation range while moving in a Falling Wedge.
It has broken above the resistance now and is showing upside to come.
The question arises whether we will see $100,000 this year.
If greed and mania kicks in then yes it could rally.
BUt where there is greed there is fear. So I don't actually think we will see $100,000 until maybe MArch 2025.
It's the same concept and analysis as last time - just showing the breakout above now.
It has broken above the resistance now and is showing upside to come.
The question arises whether we will see $100,000 this year.
If greed and mania kicks in then yes it could rally.
BUt where there is greed there is fear. So I don't actually think we will see $100,000 until maybe MArch 2025.
It's the same concept and analysis as last time - just showing the breakout above now.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.