xxxxxxx-xxxxxxx

Bitcoin Poised for 50% Correction

Kort
COINBASE:BTCUSD   Bitcoin
Based on the analysis of historical fractals from 2017, 2019, and 2021, it is anticipated that Bitcoin will undergo a 50% correction, entering a cooling-off period likely between April and May. One might wonder how we can ascertain that this represents a market peak. The answer lies in the consistent pattern observed across all Bitcoin tops, where a double top formation on the weekly RSI (Relative Strength Index) emerges, precisely what we are witnessing currently. Additionally, another indicator that suggests we have reached the market peak is the explosive growth of meme coins such as Bonk, Pepe, Doge, and others. Their significant upsurge often coincides with market tops, providing further evidence to support the prediction of an impending correction.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.