In the middle of channel you can see the low volatility of bitcoin.
Today bitcoin are made some breakout on that channel, I think we can see higher prices in few days.
I will be more bullish if we close today above42k$
Based on your past cycles and also thinking a little about your total market value.
Today at 50k $ per bitcoin, we have a total market value that is worth 1 trillion dollars.
And what is my view based on previous cycles
This analysis is just thinking about your parabolic arc pattern. After the conclusion of the parabola we have a retraction of 80% or more as we...
Looking for fib levels without fiblogscale. I will take care about the blow off top and retrace, my entry will trigerred in some retrace for here. After the retrace I will waiting more than 110 days for reach my target.
Dont take this financial advice. Its only any idea for the future.
Im looking at the channel in H1. We can probably have a price acceleration down going back to the 71xx and then retest a zone above $7500 to close the monthly chart.
Dont follow this a financial advice.
Have fun in the bull run. The early cycle are complete and now we need run to galaxy.
I dont recommend your to short the retrace. Just add some money on your longs. (Remove high leverage)
Dont follow this financial Advice.