Monthly MACD Bullish Crossover.. Bullish Confirmation
https://www.tradingview.com/chart/g0cFTxQN/?symbol=BITSTAMP%3ABTCUSD
I'm currently a bull! I believe 2024 will be a positive year for BTC. Institutional demand is on the horizon for BTC, XRP and others. This monthly MACD crossover is a strong sign confirming we're going into a bull phase of the BTC cycles. BTC halving is on April 16th, 2024 which means historically were in in for a large run up in price within the next year (year and a half max). The MACD is now confirming the bullish scenario which leaves me to be confident in predicting high levels for BTC such as $100,000 + by 1st or 2nd quarter of 2025. This will likely not hold but only time will tell.. Maybe in the next bear we get lows of 40k-55k. We shall see.
What a time to be alive!
I'm currently a bull! I believe 2024 will be a positive year for BTC. Institutional demand is on the horizon for BTC, XRP and others. This monthly MACD crossover is a strong sign confirming we're going into a bull phase of the BTC cycles. BTC halving is on April 16th, 2024 which means historically were in in for a large run up in price within the next year (year and a half max). The MACD is now confirming the bullish scenario which leaves me to be confident in predicting high levels for BTC such as $100,000 + by 1st or 2nd quarter of 2025. This will likely not hold but only time will tell.. Maybe in the next bear we get lows of 40k-55k. We shall see.
What a time to be alive!