Bitcoin's path to $225K and beyond...

14 de set. de 2021

Looking at the historical chart of Bitcoin (BNC Liquid Index for Bitcoin), BTC is about to confirm the end of bigger Wave 4 in this market cycle and poised to start its parabolic rise to mark Wave 5 towards 225K and maybe slightly beyond. The weekly 21 EMA seems to have provided support for the price action past week and is doing so again this week with a higher low. If the price holds these levels until the weekly candle close, then an uptrend could be extended for the next 90-to-100 days or so that will see exponential gains in the crypto market...