#BITCOIN Daily Chart Analysis
As per 1-day chart Analysis of
$BTC , still it will be moving perfectly on
#BroadeningWedge Pattern from last Lower-Low point of $15.5k from Nov. 2022.
But,
Before #Halving of Bitcoin, its final downtrend cycle of this pattern goes towards $33k to $30k cut-off point for its final Lower around April-May 2024 on Having Time Zone to complete this cycle pattern.
Lets see, Whats new and final
#AllTimeHigh will mark-up in 2023, while at this time on today at 6 Dec. 2023 on post writing time, ATH of
$BTC is $44.575 approx.
Whats the new All Time High of Bitcoin in 2023....?
Is it will be $48k or $52k around,
It means,
If
$BTC cross over $50k again, then it will be 8th time in history and then it take Reversal mode towards $35k to $33k at last time..
Lets see, whats the market mood and sentiments of Whalers with news impact of
#ETF into Bitcoin and Ethereum Spots.
Always
#DYOR before investing in Crypto at this final deadly volatile situations and Trade Wisely by using StopLoss to avoid Liquidations of your funds on major stage of Bullish or Bearish Traps.