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Psychology of a Market Cycle By constantly performing different analyzes on well-known crypto-coins, it is a solid foundation. It must be recognized that something similar has already happened in the history of bitcoin and is a perfect proof that it can be true.
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Please don't be too optimistic! Bitcoin will fall to 53K!! $BTC The price sometimes trades around this level, then breaks through it, after which it even rises above the resistance area. But not long ago, Bitcoin reversed course and fell to the trend line, matching the 64,000 level, and recently fell below the trend line. Now, I expect BTCUSDT to retest the trend line and then continue down, so I set my target below 60K. The final target is expected to fall to 53K. #WeAreAllSatoshi
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Bear attack, Bitcoin abc $BTC I don't use any other factors to make the analysis, only technical analysis. Today there are no indications that BTC will move above 70k. Around 40k at the end of the year. -30% or more.
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Bitcoin price action at first days of October: Oct 2016 - Halving Oct 2020 - Halving Oct 2023 - ETF hype Oct 2024 ?? Next week price action will shape the trend for next 2 months. Blow-Off-Top first Sharp Correction later.
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BITCOIN, ETF, SEC & BLACKROCK Crypto asset manager Grayscale scored a popular victory against the SEC in August, when the court ruled against the SEC's decision to outrightly reject Grayscale's application to convert the largest Bitcoin trust fund, GBTC, into a spot Bitcoin ETF.
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