Backdrop
Political and legal clarity abound, bad actors washed out or in process after last cycle, halvening in 2024 is a generally positive leading indicator for price expansion before and after the halvening.
Classical Charting Patterns Analysis and Estimate Across Time Frames
Annual
Falling Wedge Confirmed: Target All Time High
Bi-annually
IHS Confirmed: Target 40k
Quarterly
Ascending Triangle Not Confirmed: Target 40k
Monthly
Falling wedge confirmed: Target 31.5+l
Political and legal clarity abound, bad actors washed out or in process after last cycle, halvening in 2024 is a generally positive leading indicator for price expansion before and after the halvening.
Classical Charting Patterns Analysis and Estimate Across Time Frames
Annual
Falling Wedge Confirmed: Target All Time High
Bi-annually
IHS Confirmed: Target 40k
Quarterly
Ascending Triangle Not Confirmed: Target 40k
Monthly
Falling wedge confirmed: Target 31.5+l
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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.