Macro bull trend is still present - key levels for price targets seem to correlate to Fibonacci time levels between ATH Peaks as shown.
Green lines show critical, long-term resistance and support levels.
The historical trend shows max pain at mid-30k level into May 2022, with support near the yellow box.
Anything beneath the mid-low 30k level completely invalidates this model.
After reaching sub-$35k, there could be a wide-range of price reversal paths that fit within the purple, yellow, orange zones.
It is probable that BTC will reach or exceed the $(75-100)k level by years' end if these long term trend lines are able to uphold.
Solid DCA available in the next 4-6 weeks
Green lines show critical, long-term resistance and support levels.
The historical trend shows max pain at mid-30k level into May 2022, with support near the yellow box.
Anything beneath the mid-low 30k level completely invalidates this model.
After reaching sub-$35k, there could be a wide-range of price reversal paths that fit within the purple, yellow, orange zones.
It is probable that BTC will reach or exceed the $(75-100)k level by years' end if these long term trend lines are able to uphold.
Solid DCA available in the next 4-6 weeks
Nota
Note: 1.09 Time Fib = 5/10/22
1.145 Time Fib = 7/30/22
1.236 Time Fib = 12/12/22
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.
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.