Bitcoin / TetherLong
BTC (Macro Bullish Outlook)
BTC has been in sideways for few months now. I expect the strong moves to be back in BTC before the end of Sep/ Oct 2024.Passing $65,000 will indicate a strong bullish confirmation that will target a new ATH on BTC.
I expect a last drop, as mentioned in my previous attached analysis, between $48,500 : $40,500.
In case a free fall occurs, which is not impossible, and the price breaks $24,800 then the bullish idea is invalid & I would expect a new low for BTC below $15,000.
#Bitcoin
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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.