botop

Sideways till November?

INDEX:BTCUSD   Bitcoin
I realise these are strange economic times, and people are looking for major swings, but it seems more than viable that BTC will trade sideways around the 28 Day VWMA, topping at the 4 Year VWMA, until a few weeks after the 90 Day VWMA crosses below the 28 Day VWMA.

  • between 20k-22k till mid november '22
  • crossing 32k january '23
  • peaking at ~50k march '23
  • consolidation in a zone between 30k - 50k till early summer '24, with perhaps a quick dip to 20k late '23
  • rockets from summer '24
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