I posted a Log Regression when #Bitcoin was 15k.
I publish now when it is 62k. So
BTC has already done x4.
What now? Shall we break the ATH? Let's consider the pros and cons.
This is why yes:
➕Increasing global liquidity.
➕So far, positive flow from ETFs.
Here's why not:
➖Strong overbought
➖Previously, there was no ATH breakout before the halving. And immediately after, the "sell in May" season.
➖Strong sales began (in medium wallets), because many people consider ATH a good zone to sell the part.
💡Conclusion. If we do not break the ATH in the next 2 months, it will likely happen in the autumn. In the base case scenario, I only expect a test ATH unless ETF flows and liquidity increase significantly.
I publish now when it is 62k. So
BTC has already done x4.What now? Shall we break the ATH? Let's consider the pros and cons.
This is why yes:
➕Increasing global liquidity.
➕So far, positive flow from ETFs.
Here's why not:
➖Strong overbought
➖Previously, there was no ATH breakout before the halving. And immediately after, the "sell in May" season.
➖Strong sales began (in medium wallets), because many people consider ATH a good zone to sell the part.
💡Conclusion. If we do not break the ATH in the next 2 months, it will likely happen in the autumn. In the base case scenario, I only expect a test ATH unless ETF flows and liquidity increase significantly.
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💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.