🅱️ (₿) Bitcoin Monthly Points To $23.1K to $24.1K Minimum...

Bitcoins monthly RSI hit its lowest level ever in December 2022 and is showing a hidden bullish divergence that is 7+ years old, since 2015.

Here is the chart:

Looking at the moving averages, the Fib. extension numbers and the current monthly candle, we see the potential for a bounce/recovery/relief rally that will push prices up to $19,200, followed by $21,495 and finally around $24,150.

The main range we are aiming for in this monthly timeframe is $23,125 to $24,200.

It can go higher and hit $27,000 but we will have to wait and see... What sort of developments/events will show up that will push prices up.

One things is certain, when bitcoin start going it won't look back, it will go on and on and on.

Namaste.

トレード終了: 利益確定目標に到達:

We will look at Bitcoin monthly again.
These targets have been hit.