We have 47 days until the new
BTC ATH.
Watch for pressure driving the price down as there is a high potential to retest the $50-52k range within the next 9-10 days. Avoid capitulation if possible. Historically, the parabolic phase of this cycle will start within the next 4-5 weeks.
----------
Key Notes:
- Holiday Prediction Levels -
Halloween | 2024 |
82K
Thanksgiving | 2024 | $105k
Christmas | 2024 | $142k
New Years Day | 2025 | $185k
- 500 D ATH Prediction Levels -
Bear | $110k
Base | $200k
Bull | $314k
- 280 D ATH Prediction Level -
Realist | $148k
----------
Prediction indicators based on historical data from the 3rd Post-Halving cycle.
Institutional, Micro, Macro and Seasonal economic pressures from either direction could blow this off course. I am hopeful the pending September 2024 Fed Rate cut will move the new ATH up by 10-15 days and result in a higher retest low before going parabolic.
----------
Indicator used is LuxAlgo's historical price prediction indicator, Date is 9/5/20 used on a daily chart with a growth factor of (1). The BLUE trend line is traced over the 2020/2021 parabolic phase of the 3rd bull cycle.
Watch for pressure driving the price down as there is a high potential to retest the $50-52k range within the next 9-10 days. Avoid capitulation if possible. Historically, the parabolic phase of this cycle will start within the next 4-5 weeks.
----------
Key Notes:
- Holiday Prediction Levels -
Halloween | 2024 |
Thanksgiving | 2024 | $105k
Christmas | 2024 | $142k
New Years Day | 2025 | $185k
- 500 D ATH Prediction Levels -
Bear | $110k
Base | $200k
Bull | $314k
- 280 D ATH Prediction Level -
Realist | $148k
----------
Prediction indicators based on historical data from the 3rd Post-Halving cycle.
Institutional, Micro, Macro and Seasonal economic pressures from either direction could blow this off course. I am hopeful the pending September 2024 Fed Rate cut will move the new ATH up by 10-15 days and result in a higher retest low before going parabolic.
----------
Indicator used is LuxAlgo's historical price prediction indicator, Date is 9/5/20 used on a daily chart with a growth factor of (1). The BLUE trend line is traced over the 2020/2021 parabolic phase of the 3rd bull cycle.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。