BonerFormation

Possible Path to New All Time High (NATH)

BITSTAMP:BTCUSD   Bitcoin
What we see from on chain data and TA is that the area around $45k should offer decent support. We are just now entering peak accumulation and this can last 6-12 weeks if it matches historical performance before breaching new all time highs. Price action typically responds strongly with peak accumulation. Fundamentals are still very strong. China mining is now decentralized for the first time. Nation states are now accepting Bitcoin as official currency and working to get their citizens to get them established. The path presented here shows what a historically similar accumulation and breakout might be. Definitely not investment advise.
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.