BTC/USD, global view since 2012
Updated
Hi everyone !
There is a global view of Bitcoin's price from 2012 to now.
When you're watching the chart like this, you understand that Bitcoin is still upward.
Today, we are in the same price configuration as 2014/2015 with bull flag in formation. I shared yesterday a "Psychology of Market Cycle" for the Bitcoin, and we are at the end of the cycle :
![[BTC/USD] PSYCHOLOGY OF A MARKET CYCLE](https://s3.tradingview.com/p/POyqA0KY_mid.png)
Now, it's time to start over. from now to mid-november, will be the important month to confirm that cycle, we need to stay above the trend line (the same as 2012) and i think Bitcoin can reach more than 30 000 $.
Since five months now, Bitcoin looks staying in the same price range (6000-7500 $) and this looks like an accumulation period before a new "bull run".
I think, everything is ready to start over and reach new higher historic prices.
Thanks to @ eduardokaykedasilva to gave me this global price idea.
Thanks for your time guys !
There is a global view of Bitcoin's price from 2012 to now.
When you're watching the chart like this, you understand that Bitcoin is still upward.
Today, we are in the same price configuration as 2014/2015 with bull flag in formation. I shared yesterday a "Psychology of Market Cycle" for the Bitcoin, and we are at the end of the cycle :
Now, it's time to start over. from now to mid-november, will be the important month to confirm that cycle, we need to stay above the trend line (the same as 2012) and i think Bitcoin can reach more than 30 000 $.
Since five months now, Bitcoin looks staying in the same price range (6000-7500 $) and this looks like an accumulation period before a new "bull run".
I think, everything is ready to start over and reach new higher historic prices.
Thanks to @ eduardokaykedasilva to gave me this global price idea.
Thanks for your time guys !
Note
There is only on negative point, it's the Ichimoku Cloud :The last time when Ichimoku switch on red, it was in 2014, and you now what's happened...
Note
Note
New Bitcoin idea !
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