Bitcoin's chart shows that it's potentially topping out here and due for a pullback.
See my other recent post related to a pullback to the $38k zone to re-test prior resistance.
While we could push higher here in the final stage of an exhaustion rally to the Fib Golden Pocket, it's more likely that BTC retraces back down to the $38k - $40k zone before resuming the push to $50k.
But again, the Blackrock and other ETF approvals are the wildcard.
Either way Bitcoin is in a nice upward trending channel that likely takes us to new highs if not $100k by the Halving.
See my other related studies and 'The Path to $155k Bitcoin and Beyond'.
https://www.tradingview.com/chart/BTCUSD/fpolTuNp-BTC-Prediction-New-highs-by-February-1st-2024-and-Beyond/
See my other recent post related to a pullback to the $38k zone to re-test prior resistance.
While we could push higher here in the final stage of an exhaustion rally to the Fib Golden Pocket, it's more likely that BTC retraces back down to the $38k - $40k zone before resuming the push to $50k.
But again, the Blackrock and other ETF approvals are the wildcard.
Either way Bitcoin is in a nice upward trending channel that likely takes us to new highs if not $100k by the Halving.
See my other related studies and 'The Path to $155k Bitcoin and Beyond'.
https://www.tradingview.com/chart/BTCUSD/fpolTuNp-BTC-Prediction-New-highs-by-February-1st-2024-and-Beyond/
25-year investor & trader, bought 1st BTC at $20
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
Penerbitan berkaitan
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.
25-year investor & trader, bought 1st BTC at $20
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
Penerbitan berkaitan
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.