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suddenlightness
Apr 16, 2023 1:11 AM

No clear trend other than up Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin CRYPTOCAP:BTC looks to have turned the corner, however there is no clear pattern other than an under-developed pitchfork. Likely at a near top for the short-term daily. Great deal of horizontal support and moving averages support at or above 20k. Should this bullish trend play out there is a high probably of testing 24k and moving upwards over the next several quarters into halving, interest rate cuts, and dollar TVC:DXY weakness
Comments
pension-penholder-enhance
nice fork. let's see how it holds up the next few months
SpyMasterTrades
Nice pitchfork projection/log-linear price channel. Seems to be catching all the upper wicks pretty well.
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