Bitcoin / BTCUSD is consolidating on the 1 stdev below following February's pullback.
With the 1day RSI rebounding after turning oversold, this reminds us of all the previous major Lows of the current Bull Cycle.
Those took around 1.5 - 2 months to be priced, so don't be susprised if Bitcoin doesn't rise before mid April.
The upside until the end of the year remains huge however and if it 'only' tests again the Mean MM, it can reach $140k.
If it approaches the 1 stdev above, the estimated value can be as high as $180k.
Follow us, like the idea and leave a comment below!!
With the 1day RSI rebounding after turning oversold, this reminds us of all the previous major Lows of the current Bull Cycle.
Those took around 1.5 - 2 months to be priced, so don't be susprised if Bitcoin doesn't rise before mid April.
The upside until the end of the year remains huge however and if it 'only' tests again the Mean MM, it can reach $140k.
If it approaches the 1 stdev above, the estimated value can be as high as $180k.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.