Bitcoin is 238 days into green Gaussian Channel territory and highly overbought on the 1W technical outlook (RSI = 81.515, MACD = 8672.400, ADX = 68.211). What would be bad news to buy for any other asset, is actually great for Bitcoin as historically it has seen its biggest gains while deeply overbought. As far as the Gaussian is concerned, every time it has been 238 days past the red zone, the price only rose from there, and as a matter of fact parabolically. This means that we haven't seen the strongest part of this Bull Cycle. In our opinion and based on the HH trendline, $250,000 should be a minimum target for this Cycle.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.