So Camarilla pivot points is how I generally trade. Daily, weekly, and monthly usually. However let us pull up the yearly Camarilla on Bitcoin and take a look. These levels were plotted on January 1st and we can see that the bottom so far was hit to the dollar on L3 which is the projected range bottom. Short term I think there could be a pullback. However I would not be suprised to See if we strike Yearly H3 this year before this bull cycle ends. I think anyone calling for crazier targets than that is going to be very wrong. Maybe a wick beyond... but I do not think 150k to 250k s coming in this cycle. The cycle is already mature and in my honest opinion a run up to H3 might be the best we can hope for. Let us see
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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.