Bitcoin from the last update has completed the consolidation range while moving in a Falling Wedge.
It has broken above the resistance now and is showing upside to come.
The question arises whether we will see $100,000 this year.
If greed and mania kicks in then yes it could rally.
BUt where there is greed there is fear. So I don't actually think we will see $100,000 until maybe MArch 2025.
It's the same concept and analysis as last time - just showing the breakout above now.
It has broken above the resistance now and is showing upside to come.
The question arises whether we will see $100,000 this year.
If greed and mania kicks in then yes it could rally.
BUt where there is greed there is fear. So I don't actually think we will see $100,000 until maybe MArch 2025.
It's the same concept and analysis as last time - just showing the breakout above now.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.