Bitcoin
Long
Updated

BTC - Incoming Long Entries for $30k

555
Looking like middle phase of a textbook pullback. Expecting bottom today around the $21,200 mark - potentially just before today's close.

- Potential for another leg up for leading ALTs over next few days.
- March target remains 30k - 6th March is estimate for major long move to this mark.

Best, Hard Forky

BTC Macro Descending Channel
BTC mid Channel


30k Macro Target Forecast
BTC - 2023 $30k viable if BTC can quickly capture $18k.
Note
I believe the local bottom Upward Trendline trajectory was just mapped on last dip snapshot
Note
that was the long snapshot
Note
looks like they will sell into the CPI numbers - which suggest CPI at 6.4%
Note
snapshot
Note
might not come down ... snapshot
Note
I got the CPI number right :) 6.4
Just wait till March - 7.4+!!
Note
carrried on through snapshot
Note
break test snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.