As described on Patreon....
Here is a quick update on the previous BTC study, and demonstrates how $65k will be exceeded before the next significant correction. And as per the title, I recognise that this is the prediction Clif High (of Web Bot fame) has made recently. In fact, he suggests a specific pattern before BTC hits $100k, being three transitions through $65k as follows:
1st Transition - Break above $65k
2nd Transition - Drop below $65k
3rd Transition - Rally back over $65k on its way to $100k and his long forecast $100k Bitcoin parties.
So in the context of Clif's predictions (and I don't assume familiarity, but everyone seems to call him that) this study demonstrates how the current path leads to the 1st Transition above $65k.
Here is a quick update on the previous BTC study, and demonstrates how $65k will be exceeded before the next significant correction. And as per the title, I recognise that this is the prediction Clif High (of Web Bot fame) has made recently. In fact, he suggests a specific pattern before BTC hits $100k, being three transitions through $65k as follows:
1st Transition - Break above $65k
2nd Transition - Drop below $65k
3rd Transition - Rally back over $65k on its way to $100k and his long forecast $100k Bitcoin parties.
So in the context of Clif's predictions (and I don't assume familiarity, but everyone seems to call him that) this study demonstrates how the current path leads to the 1st Transition above $65k.
If you would like more views and insights, for the cost of a cup of coffee, join me on Patreon: www.patreon.com/cryptoswing
