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Bitcoin / TetherUS
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[Bitcoin] Bullrun

Por Bitcoin_Weather
Atualizado
The upward structure of the price, begun in January, accelerated sharply this week due to a validation of spot Bitcoin ETFs probably at the beginning of 2024. A throwback to the major pivot zone of 31K is expected before continuing the rise.

Nota
There are several technical factors which explain the increase but above all there are four fundamental reasons: the low supply owned by exchanges, the validation of spot ETFs in January, the mining price and the next halving.
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snapshot
Nota
Google Trends: Explosion in the number of searches for the term “Bitcoin ETF” ...
Nota
I still expect a V-bottom on 31K support in the coming weeks.
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Finally, I no longer anticipate a throwback:
snapshot
Nota
The breakout from 38K to 42K then 48K is very close.
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[Bitcoin] next ATH: $82K
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Nota
The rise towards 48K is close.
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snapshot
Trade fechado: objetivo atingido
Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTChart PatternsTechnical IndicatorsTrend Analysisxbt
Bitcoin_Weather
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