💎 BTC/USDT - Another Bullrun Ahead ? (READ THE CAPTION)

25 Mar

By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 25 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis, the next possible targets of Bitcoin will be $77,700, $79,000, $85,000 and $100,000 respectively! “Glassnode data indicates a decrease in Bitcoin transfer values compared to the 2021 peak, suggesting investors are waiting to sell at higher prices. This aligns with Blockware Solutions’ analysis, which interprets the trend as a strong market confidence and a reluctance to sell Bitcoin.”

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban