$BTC TOP 20 - SAFE HAVEN -
Added 2024-01-01 18:35:20 +0000 UTCAs you expect, there is no changes here, $BTC has been working its way through a bullish wedge since the start of December when it popped to $44.7, moving sideways now as a consolidation before I believe it breaks out to move higher to complete Wave 3 at $50k.
The 50 Day MA has also gone above the 0.23 Fib and working its way to the wedge line and I believe this will act as support if the price pulls back again.
$BTC may build up momentum throughout the year if people start considering this as a safe haven to the market again.
Comments
why do you consider this a safe haven if you ultimately see it going down into the low 30's?
swan786
2024-01-19 03:07:10 +0000 UTCYep, let’s be reasonable as the chart has been controlled and measured, so I expect this to continue. Even the bulls shouldn’t want this to move parabolically
Gareth Neary
2024-01-01 23:36:06 +0000 UTCIt's interesting Gar .. you me and a couple others on X have these targets .. nearly everyone else has 100k 200k etc all in this run .. there might be a lot of disappointed folks .. I think we're mid cycle still .. parabola is later imo
TommyJR
2024-01-01 23:33:34 +0000 UTC
