BTCUSD I expect the possibility of Bitcoin dumping to the 10k/12k area after rejecting around 32k, this however might need a certain catalyst. With information available at the moment, my initial target would be around 100K for the next bull run. Also, the reason I expect this to happen quite quickly is because the halving in 2024 is likely going to be a catalyst for the next bull run, so after a relatively quick dump I would expect to see price slowly crawl up and evolving into an exponential move just like previous bull runs.Note
UPDATE: new target is $32.900, after this a pullback to roughly $21.500 is expected. From there it's a possibility we see the beginning of new bull run.
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.
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.