BitcoinLong
BTC - On track as expected - nothing unusual
Bitcoin is on track to either hit the previous All Time High, or Break it, with a formation of this ascending triangle. This is a bullish formation, where the price accumulates on top, and the lower prices are brought higher and higher, until there is a breakout upwards. Historically this pattern has a success rate above 70%.
Bitcoin Dominance should have hit a bottom and will reverse, as I said previously with this chart.
Bitcoin is on track for around a $115,000 price - as shared in prev post.
and potentially 250k-300k in 2024.
Bitcoin Dominance should have hit a bottom and will reverse, as I said previously with this chart.
Bitcoin is on track for around a $115,000 price - as shared in prev post.
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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.