The encryption analyst that listened to the collapse of the Bitcoin 2021 market that BTC may be in the midst of the formation of an upper reflection pattern.
The wicked analyst Deef tells the 149,300 on the social media platform that Bitcoin appears in the early stages of printing the head and back shoulder style on the daily chart.
Traditionally the head and shoulder style is seen as a rise, indicating that buyers intervene without waiting for the price to return to its lowest level.
Trading Shares The graph, which indicates that Bitcoin may repeat its price during the second half of 2024 when it formed the same loud reflection pattern before height to the highest new level ever.
“Your movement, BTC.”
Based on the merchant scheme, it appears to predict that Bitcoin will raise approximately $ 90,000 to form the neck line for the pattern before it is less than $ 80,000 to create the right shoulder. The chart also suggests a big goal of $ 117,000 for BTC.
Looking at the basic characteristics of BTC, Dave wave He says The basic use of Bitcoin has come a long way from being a designer tool to protect people from authoritarian control. The analyst believes that bitcoin grows steadily to become one of the reliable, safe armed assets.
“Get your thinking correctly at BTC, and you will not be disappointed or moral.
In the early days, it may have been about CypherPunk, etc. It is now an alternative currency in the drawing process and is taken seriously.
The maturity of the market moves towards the discovery of prices. “
Earlier this month, the Dave The Wave doubled on its prediction that Bitcoin would rise to $ 200,000 in an unconfirmed background for the macroeconomic. According to traders, uncertainty will push investors to resort to the main encryption assets.
At the time of this report, Bitcoin is traded for $ 85,416, an increase of more than 2 % last day.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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