You can see the giant symmetrical triangle that broke upwards at the end.
Why is the encircled part excluded out of the triangle? Because it was a response to corona interruption. It doesn't fit into the chart pattern!
Apart from the corona interruption, the analysis is pretty straightforward - according the triangle, $26000 is to be expected in the mid-term. The buying power is there, lots of funds buying now and supply has halved in May.
investorplace.com/2020/02/3-great-funds-for-investors-interested-in-bitcoin/
cointelegraph.com/news/microstrategy-buying-bitcoin-shows-institutional-investors-seek-to-de-risk
Things should get pretty hot by december.
Why is the encircled part excluded out of the triangle? Because it was a response to corona interruption. It doesn't fit into the chart pattern!
Apart from the corona interruption, the analysis is pretty straightforward - according the triangle, $26000 is to be expected in the mid-term. The buying power is there, lots of funds buying now and supply has halved in May.
investorplace.com/2020/02/3-great-funds-for-investors-interested-in-bitcoin/
cointelegraph.com/news/microstrategy-buying-bitcoin-shows-institutional-investors-seek-to-de-risk
Things should get pretty hot by december.
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免責聲明
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