I believe we are nearing the end of this current bear market cycle. I expect to see evidence that we have bottomed by Q2-Q3 of 2023. My bottoming target range is between $9-$15K. Once we can close a weekly candle above the Pi Cycle MA (orange) we should begin to see momentum buyers begin to step in.
Best of luck, hit thumbs up
Best of luck, hit thumbs up
Note
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sitting pretty, sun tan city
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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.