BitcoinAlış
Global triangle break around November 2020, target 25.3K
Fundamentals
* Central bank money printing of unprecedented proportions (US FED 7 trillion and counting)
* No longer waiting - institutional money is *here* (Grayscale, Fidelity, Ray Dalio, etc.)
Technicals
* Volume profile strongly indicates BTC bottomed in early March 2020
* Currently clearly consolidating at 2.5 year resistance
Most BTC consolidation triangles tend to break around 70% prior to hitting the apex (citation needed, I heard that somewhere) - so I would guess around November 2021 would be when this one breaks up.
Simple measured-move target puts the triangle breaking up to 25K over the short term.
* Central bank money printing of unprecedented proportions (US FED 7 trillion and counting)
* No longer waiting - institutional money is *here* (Grayscale, Fidelity, Ray Dalio, etc.)
Technicals
* Volume profile strongly indicates BTC bottomed in early March 2020
* Currently clearly consolidating at 2.5 year resistance
Most BTC consolidation triangles tend to break around 70% prior to hitting the apex (citation needed, I heard that somewhere) - so I would guess around November 2021 would be when this one breaks up.
Simple measured-move target puts the triangle breaking up to 25K over the short term.
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.