1D time frame
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According to left chart, Bitcoin pumped rapidly on 25th Oct '19, which date range was around 198 Days away from 2020 halving, Bitcoin increased by 45% in two days.
Next, Bitcoin made a waterfall over 60% since Feb '20, then Bull market was triggered.
Nowadays, Bitcoin extremely increased by 20% in Oct '23, and we need around 200 Days to reach next halving in 2024. All phenomenons are similar to 2019, so we can expect a huge dump based on previous analysis of Bitcoin top structure(refer to below links). Therefore, stay patient and get ready to buy spot!
Accurate Bitcoin analysis about top structure and bear bottom.
Bitcoin PRZ analysis of Harmonic pattern.
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According to left chart, Bitcoin pumped rapidly on 25th Oct '19, which date range was around 198 Days away from 2020 halving, Bitcoin increased by 45% in two days.
Next, Bitcoin made a waterfall over 60% since Feb '20, then Bull market was triggered.
Nowadays, Bitcoin extremely increased by 20% in Oct '23, and we need around 200 Days to reach next halving in 2024. All phenomenons are similar to 2019, so we can expect a huge dump based on previous analysis of Bitcoin top structure(refer to below links). Therefore, stay patient and get ready to buy spot!
Accurate Bitcoin analysis about top structure and bear bottom.
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