Where will the next Bitcoin price move?

In 2023, the Bitcoin price followed a steady upward trend. This trend can be well "packaged" in a channel.

Where do you think the BTC price will go in early 2024?
The beginning of a correction with a final target of $32000-32500
or
Continued "creeping" growth to the $50,000 area

Pls, writing your opinions at the comments

評論:

Our thoughts on the likely future BTC price a year ago.
Worth re-reading

評論:

Buyers can use the fact that they "have not yet had time to fill the GAP" that formed a year ago on the CME BTC chart. To fill it, the BTCUSD price needs to be above $53600.

評論:

On the 3-day timeframe, the BTCUSDT price clearly hints at a desire to continue growing

交易進行:

With the launch of the long-awaited BTC ETF, the price reached the top of the channel.
Perhaps it's time for the BTCUSDT price to smoothly adjust to around $40k, and for altcoins to "catch up" with the growth of the Bitcoin price at that time? What do you think of this proposal?)

評論:

Since the publication of the morning update of the idea, the BTCUSDT price has lost -5%
The continuation of the negative scenario may form the following pattern