The forecast ahead of the Halving is currently quite tricky but good for some altcoin narratives. There's a slight missed area rejection where the previous plan closed rejected at the $59,325 area, but the actual market closed at $60,800.
From a technical standpoint, the harmonic cypher pattern suggests that bitcoin will experience an increase in the range of $79,000 - $81,800 and then undergo a correction.
From a technical perspective of the ABC wave correction, if the monthly closing is under $69,000, it could be interpreted that in April, BTC will correct after the Halving news.
From the perspective of the bullish megacycle wave, if the $81,000 area is breached, the next move for BTC would be towards $90,000 - $110,000.
These are some boundaries of the plan that should be considered before diving into crypto.
PLEASE READ CAREFULLY BEFORE BUYING IN THE MARKET.
From a technical standpoint, the harmonic cypher pattern suggests that bitcoin will experience an increase in the range of $79,000 - $81,800 and then undergo a correction.
From a technical perspective of the ABC wave correction, if the monthly closing is under $69,000, it could be interpreted that in April, BTC will correct after the Halving news.
From the perspective of the bullish megacycle wave, if the $81,000 area is breached, the next move for BTC would be towards $90,000 - $110,000.
These are some boundaries of the plan that should be considered before diving into crypto.
PLEASE READ CAREFULLY BEFORE BUYING IN THE MARKET.