Tez8

Start of new BTC 60 days cycle - next target $70-80k

Long
Tez8 Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC has just finished a 60 days cycle.

We are in a low for the next 60 days cycle.

I believe the next top will be around 70-80k before another 60 days cycle starts.

Selling pressure will be high at this point and further consolidation will occur before another bull period up to 100k.


This is not financial advice, only educational. Always do your own research.

Comment:
Is this the signal for the next phase of the bull run?

800,000,000 #USDT (801,525,111 USD) minted at Tether Treasury

twitter.com/whale_al.../1375886839370907651
Comment:
Retest of the all time high then a fall back to the 50k support.

If the support holds - I think it will - we will see then next record breaking ATH.
Comment:
Long running average following the red base line.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.