BTC 1WEEKLY - LONG ANALYSIS
Updated
Hi all,
This is a trend analysis based on previous bitcoin movements.
Here the golden crosses on 7day/100day moving average are indicated in gold with the buy and sell signals.
Potential for BTC to reach over 200k by 2025.
This doesn't take into consideration any macroeconomics that could be affecting BTC, this is purely hypothetical.
This is not financial advice, just an idea.
Please do your own research.
This is a trend analysis based on previous bitcoin movements.
Here the golden crosses on 7day/100day moving average are indicated in gold with the buy and sell signals.
Potential for BTC to reach over 200k by 2025.
This doesn't take into consideration any macroeconomics that could be affecting BTC, this is purely hypothetical.
This is not financial advice, just an idea.
Please do your own research.
Note
This idea is still on track for being more than hypothetical. Btc has in fact had a golden cross since April and is still projecting upwards on the long term.Note
BTC in fact hit the projected 44k by the end of 2023, there will be a pull back however to around 36k, but it could be lower if major macroeconomics affect it.Note
Btc hit ATH as predicted this year reaching over $73,000. There is likely going to be a dip, currently on the 4hr there is a head and shoulders at play, the current neckline is at $61,180 range, if btc can't hold above this then expect a fall further to the 51k line then the next level below that is 40k. But its unlikely to fall that far being that overall 2024 and 2025 are going to be the bull runs. Expect a dip, buy the dip, hodl for the highs in 2025.
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