Hallo traders, I'm posting a small update of my post from June 2022 After three months, the price dropped back to the old support which was a determinant in the earlier years, which is easy to see the real price was higher than the price in June, yet a double bottom has formed on this support. This Taking the double bottom curve into account, it seems that the price should return to the $ 60k range by July 2023. It may also say that 4 years of support may give us direction for the future. Lines of strong resistance are marked on the chart.
Best regards and good luck
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We slowly move up
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Could it be a triple bottom ??
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The parabolic line has shifted a bit, but the vertical face should be preserved