DON'T LOSE HOPE: BTC LOVES Decembers
Over the past few years, BTC has shows affinity for Decembers.
If you've been following for a while, you'll know I've been on about this "multi-month" cycle that eventually leads to another BTC ATH before the bearish cycle starts.
And it's been exactly that - a mulltimoth period of sideways trading and corrections. However, considering how BTC usually increases in Decembers I'm inclined to say we may yet see our final ATH in the last quarter of the year; specifically towards the end of the year.
Currently in the 4h, we can see a strong V-shaped recovery after a dip to 49 000.
The dip doesn't bother me in the least bit, because this is the original target I had from Elliot Wave analysis months ago:
We're still making higher lows, and even if we trade just over and under 60K for a period I will sleep easy.
_______________________________
BTCUSDT
If you've been following for a while, you'll know I've been on about this "multi-month" cycle that eventually leads to another BTC ATH before the bearish cycle starts.
And it's been exactly that - a mulltimoth period of sideways trading and corrections. However, considering how BTC usually increases in Decembers I'm inclined to say we may yet see our final ATH in the last quarter of the year; specifically towards the end of the year.
Currently in the 4h, we can see a strong V-shaped recovery after a dip to 49 000.
The dip doesn't bother me in the least bit, because this is the original target I had from Elliot Wave analysis months ago:
We're still making higher lows, and even if we trade just over and under 60K for a period I will sleep easy.
_______________________________
BTCUSDT Commento
An update on CARDANO :
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.