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Bitcoin clear bullish pathHi lads. BTC lowered down to the major support level as i predicted before. Also SPX500 is at its lowest point of the ascending channel. BTC and SPX500 correlation is at its highest atm. So any major move in spx, can affect btc by a lot. TA and FA suggests a mini bull run in SPX. Also btc has dumped over 75% from the ATH which was 69k area. From this point, we expect a 30 to 50 percent upside move before any lower low happens. I predicted btc pump when it was at 18.5k area and we successfully jumped to 22.8k levels. Now i am bullish again. Major support area is 19.3k - 19.8k area. Targets are 22k - 25k - 28k At last, dont forget to like my idea and also follow me. it helps me a lot. Good luck
by Mihan_Crypto
BEAR CYCLE IS NOT OVER YET.Hi. hope you guys are having a good time. Lets talk about BTC very possible scenarios. The bear cycle which has started a few months ago has not finished yet. Based on on-chain data and TA, the very bottom for this bear cycle is estimated to be sth around 14k - 15k. Also this current bear cycle is the beginning of a very larger mega bull run which will happen between 2023 to 2025. And bear in mind that for every bull run to begin, we need a long bear cycle period. We almost passed half way through this bear cycle where previous bear cycle big buyers are selling their bitcoins in profit to new and fresh money. Overall, the market is doing just fine and there is bull run ahead. but as i said earlier, the bear cycle hasent finished yet. there are still a few big red candles left to be done in coming months. from there (14k - 20k) we will start going up gradually. the ultimate target for the next bull run is estimated to be around 200k- 280k. Also guys dont forget to follow me and like my idea. Im going to start posting about some great altcoin buying opportunities and a lot of long and short signals. so show me some love and support. Good luck and trade safe.
BITSTAMP:BTCUSD
by Mihan_Crypto