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BTC Bullrun Top - 2024
According to the flag pattern on the weekly timeframe, I believe this is the top of the bull cycle for BTC. Although it may continue to rally further, the flag pattern only provides a prediction as to where the price can go but doesn't necessarily mean the top. However, combined with the bearish divergence forming on the weekly and daily RSI, I am positive that this is TOP for BTC's current cycle.
Additionally, if we look at the previous bull runs of BTC, the top is usually in November or December, which adds another confluence to the analysis.
Let me know in the comments what you guys think should be the top of this cycle?
Additionally, if we look at the previous bull runs of BTC, the top is usually in November or December, which adds another confluence to the analysis.
Let me know in the comments what you guys think should be the top of this cycle?
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