Paradigm9

Seasonal, Classical Charting Patterns Indicate BTC Price Growth

Long
COINBASE:BTCUSD   Bitcoin
Backdrop

Political and legal clarity abound, bad actors washed out or in process after last cycle, halvening in 2024 is a generally positive leading indicator for price expansion before and after the halvening.

Classical Charting Patterns Analysis and Estimate Across Time Frames
Annual
Falling Wedge Confirmed: Target All Time High

Bi-annually
IHS Confirmed: Target 40k

Quarterly
Ascending Triangle Not Confirmed: Target 40k

Monthly
Falling wedge confirmed: Target 31.5+l
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