BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Before halving, Bitcoin continues to maintain its positive outlook.. Bitcoin obviously performs better than I expected and in this context, the new target seems to be $ 10500..

In general, I find it meaningful to evaluate the possibilities with different approaches in my publications.. With a different approach in # BTCUSD , we can say that there are some formations that we may observe in the future.. If the #BTC reaches its target of $ 10500 and goes to a deep correction from that level, first, as I mentioned in the chart result of consolidation at 6400-7900usd levels, inverse head and shoulders formation (blue curves) and a cup (red curve) will occur.. Besides these, we can observe another inverse head and shoulders (red curve and yellow curves) and a bigger cup (black curve), in the future.. These intertwined formations can be a leading indicator of a very serious bull market.. Although it is quite difficult to make a clear prediction on the axis of temporality, in my opinion, the formation of the black cup can occur by the end of the year..

Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..

I wish you all the best..


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