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Bitcoin
Long
Updated

[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible.

660
I still believe there is a chance to see BTC at 70k in 2023 before a second inflationary period in 2023-2024 that will drive BTC down again.
This is in line with one of my melt-up scenarios I posted in 2021.
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but of course, I'm also aware of my other 2 scenarios:

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Ok;)

Update:

We are still on track but slight tweak --> 58k is the minimum target for this optimistic model

Evidence:
- technical analysis: snapshot

- cloud analysis: snapshot
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Still valid, but low chances. Still believe in my other pessimistic scenarios (wyckoff accumulation ones)
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still valid

max target: 54-72k

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Let me update. This is what i think it could happen

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Btw idea still valid and target is 54-72k.
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[Update BTC] Scenario to watch out for
Homocryptus
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altcoinsBitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTcelsiusChart PatternsTrend AnalysisWave Analysis
Homocryptus
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Related publications

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.