(MA) Crossover Strategy with Risk Management - Macro Analysis
Considering the new (MA) Crossover Strategy with Risk Management - Macro Analysis, on monthly chart before the halving in 2020 the cross over happened.
Price went up 52.8% and correction of 26.3% happened! (Covid Crash not considered as a new global pandemic is not expected in the upcoming weeks)
Correction Range is from Monthly High of Feb.2020 to Monthly low of May.2020.
Considering similar scenario with 52.8% price increase and 26.3%decrease, it results the BTC monthly high price of $55750 for Feb 2024 and as low as 41180 in May $2024!
Indicator is under proof of time test, Short term Cautious and Long term Bullish!
Price went up 52.8% and correction of 26.3% happened! (Covid Crash not considered as a new global pandemic is not expected in the upcoming weeks)
Correction Range is from Monthly High of Feb.2020 to Monthly low of May.2020.
Considering similar scenario with 52.8% price increase and 26.3%decrease, it results the BTC monthly high price of $55750 for Feb 2024 and as low as 41180 in May $2024!
Indicator is under proof of time test, Short term Cautious and Long term Bullish!