This week’s candle has probably decided the potential move of Bitcoin in the next few weeks/months. According to the last two correction cycles, we have seen the end at a bullish engulfing of the weekly candle.
This is what we are seeing right now. We have got a confident close above the previous candle.
Also, after the last two reversals, we have seen 47-50% move towards the upside. I am going to predict that we will see another 50% move up to 76000$ (or even more).
This is what we are seeing right now. We have got a confident close above the previous candle.
Also, after the last two reversals, we have seen 47-50% move towards the upside. I am going to predict that we will see another 50% move up to 76000$ (or even more).