BTC may find bottom by 2023-06-06, after there is more historical data available.
Note
BTC repeating trend of 2022-07 & 2022-08 (possible double bottom or "longer flatter bottom", before the steady rise to the estimated peak of 2025-01):
Note
BTC may stop declining before 2023-12. BTC weekly 2022-03 to 2023-08 BTC weekly chart from 2022-03 to 2023-08 reflects a $36666.66 to $15666.66 zone for 2023-04 (see green dashed-line). However, the strongest resistance zones, based off of today's historical data (on 2023-02-28), reflect a $32666.66 to $15666.66 zone for 2023-08-28 (see pink dashed-line).
Note
News: "Economist Harry Dent Expects Biggest Crash in Our Lifetime" " Bitcoin may go down more like 95%, 96%. Dent expects the crypto market may crash alongside stocks, with BTC falling up to 95%-96% from its November 2021 high. "
Note
Note
There is a very high probability that BTC will decrease significantly from 2023-8-15 to 2024-01-15. Especially in 2023-12. recession prediction = 2024-01
Note
recession prediction = 2024-01
Note
(click chart to play) BTCUSDT 1W 2022-12 to 2024-02:
Note
$150000 to $250000 is still very possible for 2025
Note
BTC is expected to remain in the shake-out for up to 46 more days on or before 2024-08-08). The the rise as early as 2024-07, but more likely during 2024-08 to 2025 peak.
Note
1W BTC shake-out until 2024-08-08, then soar for 2025-08 peak Click to Play
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.