Hello, my friends.
I believe Bitcoin to continue it's rally in the next few weeks...
As we can see, Bitcoin has previously found support on the 9-day MA during it's bull runs, and I therefore, expect Bitcoin find support once again on the 9-day MA.
Also, we can see a potential descending triangle... If Bitcoin breaks that, I believe this will be another confirmation of it's bull run towards $12,300 (1.618 fib level), and more people will buy BTC as a result.
If all goes well, then I see Bitcoin having a small correction, of -7.50%, and then continuing to $14,000 by April, or even earlier, hopefully.
Remember, patience is paramount!
I believe Bitcoin to continue it's rally in the next few weeks...
As we can see, Bitcoin has previously found support on the 9-day MA during it's bull runs, and I therefore, expect Bitcoin find support once again on the 9-day MA.
Also, we can see a potential descending triangle... If Bitcoin breaks that, I believe this will be another confirmation of it's bull run towards $12,300 (1.618 fib level), and more people will buy BTC as a result.
If all goes well, then I see Bitcoin having a small correction, of -7.50%, and then continuing to $14,000 by April, or even earlier, hopefully.
Remember, patience is paramount!
Note
It looks like we're going to reach the 1.618 fib-level faster than expected.
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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.
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.