ichimoku cloud indicates 35K top and rests for a few months

14 thg 3, 2023

Bitcoin again surprising everyone and breaking upward. Indicators are looking good. It looks like the ichimoku cloud opens up around 35K, which neatly meets the previous low before the capitulation. This looks like a good place to set targets and expect either a pullback or a rest before moving higher. How long this will last isn't clear, but if this is similar to the previous bear/bull flip, expect it to hang in and around the cloud before breaking up.