The Bitcoin Bull Market
The probability of the bull market continuation is evident in the chart with higher highs and higher lows. The path to all time highs isn’t always clear and the demand for a COVID esque capitulation grows but I believe it is possible that we may go higher before we go lower.
Upside target resistance around 50-52.1k with a 2024 low boundary around 28.6k range. We may be forming a very large inverse head and shoulders structure that targets 170k, should it play out.
A bullish perspective for some to consider.
No guarantees.
Upside target resistance around 50-52.1k with a 2024 low boundary around 28.6k range. We may be forming a very large inverse head and shoulders structure that targets 170k, should it play out.
A bullish perspective for some to consider.
No guarantees.
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.