TradingView
JoeyStevens
29 de May. de 2021 15:18

Bitcoin cycles again.. One more leg up and then a year of pain Largo

Bitcoin / DollarBitfinex

Descripción

Highlighting Bitcoin's seasonality and favoring of the month of November and using the Fibonacci extension to guide price action expectations shows Bitcoin's last push up this run is probably going to be in at the end of 2021 and may see prices just shy of 200k. The bear cycle takes a year and also ends around November providing guidance to look back at Bitcoin for accumulation around November 2022 - January 2023. Last cycle saw 3 months of trading on the bottom providing ideal accumulation.
Comentarios
Darenno1
I was bullish upon till dump to 30k but rn it doesn't look like bull run is about to continue. Maybe we will get towards 45-50k before another drop.
Más