BTCUSDT Can hit 30k in Dec & 35k in Jan if the RSI breaks upward
Bitcoin on the logarithmic chart is above the 1D MA100 with the weekly RSI on the Lower Highs trend-line of Jan 2021. A break to the upside here would be a major bullish move and the last major rise of July - November 2021 can confirm it.
As you see, Bitcoin's price action since Aug 22 is not all that different from May 21 - July 21 2021. An RSI breakout can be translated into a massive price lift that won't only hit the 1D MA200 for the first time after March 29 2022, but also break it this time. This pattern shows that we can potentially reach 30k by early December and 36k by late January!
Euphoria or valid fractal projection?
As you see, Bitcoin's price action since Aug 22 is not all that different from May 21 - July 21 2021. An RSI breakout can be translated into a massive price lift that won't only hit the 1D MA200 for the first time after March 29 2022, but also break it this time. This pattern shows that we can potentially reach 30k by early December and 36k by late January!
Euphoria or valid fractal projection?
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