nagihatoum

BTC, it is not hard to understand part 2

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BITFINEX:BTCUSD   ビットコイン/米ドル
Given the recent parabolic run, it is reasonable to conclude that we have bottomed, however my last longterm BTC idea still can stand. I theorized in the last idea that we are in a triangle that is part of a bull pennant.

In this idea price goes up now to meet the resistance of the triangle at 10.3K then drops to the support of the triangle at around 4.5K. After which the longterm bull run will start and end in August 2023. The end date of the bullrun is extrapolated by from the previous bull runs periods.

This view is commensurate with my WxYxZ idea .

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