I like how sometimes it feels like coincidences are not really coincidences and I like the way I'm making forecasts based on those details
BTC broke daily 100 MA on the 16th of October 2023, 99 Days later it touched it and bounced for another wave up, on the 23rd of January 2024.
We are at day 98 from 23rd January and it looks like BTC will touch again daily 100MA that is now around 60k in a very short time.
Im bullish but this just indicates that a price action is possible, basically If we touch it and stay above that will indicate that we are going for a new leg up, if we break it, bears might have a real control of the situation
In term of Time cycle/block mined, I think that we are in the same situation than in May/June/July 2020 ;)
Take care,
Cheers
BTC broke daily 100 MA on the 16th of October 2023, 99 Days later it touched it and bounced for another wave up, on the 23rd of January 2024.
We are at day 98 from 23rd January and it looks like BTC will touch again daily 100MA that is now around 60k in a very short time.
Im bullish but this just indicates that a price action is possible, basically If we touch it and stay above that will indicate that we are going for a new leg up, if we break it, bears might have a real control of the situation
In term of Time cycle/block mined, I think that we are in the same situation than in May/June/July 2020 ;)
Take care,
Cheers
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