Joy_Bangla

Superimposing earlier cycle on later for $BTC shows $600K top

Long
Joy_Bangla Updated   
INDEX:BTCUSD   Bitcoin
Superimposing part of the 2012-2014 Bitcoin cycle onto later cycles to observe similar uptrend patterns is an intriguing analytical approach, but it's crucial to remember that such patterns, while interesting, may not necessarily predict future movements accurately. Historical patterns can provide insights but are influenced by a myriad of factors unique to their times, such as market sentiment, regulatory changes, and technological advancements.

My personal target is $240,000 for Bitcoin. The superimposed shows a price of $600K indicating an even more bullish outlook.

I just HODL BTC
Comment:
HODL

For guides on how to use the Aladdin indicator or how to buy it, please check joy-bangla.gitbook.io/aladdin/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.