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BTC Price Target #3: The Bullish Case, V-Shaped Recovery

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Implausible without a positive catalyst and a return of interest in 'Risk On':

A V Shaped recovery of price action, reclaiming the value area in question, support of the VWAP and POC, essentially reversing the dump begun 2/21 with the curiously timed revelation of the Bybit hack...

Should price action *rapidly* reclaim 97K--or, better yet, $99.8K--and confirm the recovery with a Daily close above, the supposed post-halving bull run would be on again. For now...

Such an outcome would be consistent with an (arguable) Double Bottom--if not #JTTW.

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.