BEARly Believe It!
There comes a time in a bear's life that he has to leave the forest and get on a rocket to the moon....
And now for the serious, bitcoin seems to be forming a bullish megaphone formation on the monthly chart. It's huge! If I'm right, somewhere from the second half of 2024 we're in for a crazy rally to the $200,000 area.
Of course, don't get euphoric. I personally take it more with a pinch of salt, but who knows, maybe this time I got on the right rocket? Is it true Mr. Musk, right?
This is not financial advice.
And now for the serious, bitcoin seems to be forming a bullish megaphone formation on the monthly chart. It's huge! If I'm right, somewhere from the second half of 2024 we're in for a crazy rally to the $200,000 area.
Of course, don't get euphoric. I personally take it more with a pinch of salt, but who knows, maybe this time I got on the right rocket? Is it true Mr. Musk, right?
This is not financial advice.
Note
I haven't looked here for a long time. It looks like the chart is more or less following the path I set in February. The next two months will show whether the price will bounce off the dotted line or fall below invalidating the bullish megaphone formation. Time will tell.
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