BitcoinGüncellendi

Could this be a new parabola forming with BTC?


Previous parabola's have formed in similar ways with one parabola breaking and a new one beginning after a correction.

With the continuing higher lows and my projected BTCUSD falling wedge breakout at around the $7800-$8000, that would make a 4th touch point and mark a solid beginning in the formation of a new parabola. Whether it continues or not - who knows.... perhaps I'm looking a little too much in to it and should just be happy with the continuing higher lows :)

I'm not trading this as I'm long already but this is just an idea and something to watch. We'll see how it pans out.

Good luck!
Not
A more zoomed out view of the parabola shows a potential melt up to 50k-ish by the end of the year - likely with a solid seasonal correction for Christmas/Chinese New Year as in previous years and likely ending the parabola.

anlık görüntü

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.