Following on from the weekly chart ; The Daily history shows that on average the (bear) downtrend cycle price will reaches the previous cycles 89MA top before any significant pullback.
The daily targets are slightly different as , along with 2013 , the 2021 BTC 89MA has two levels - both could be seen as targets for 2023.
This would see a circa $55k upper level, or a lower of $42500.
The daily targets are slightly different as , along with 2013 , the 2021 BTC 89MA has two levels - both could be seen as targets for 2023.
This would see a circa $55k upper level, or a lower of $42500.