Moneda Click
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Moneda Click
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BTC on Uptober
While the crypto market seems to be closing lower in the last days of August, many are wondering what the next BTC price was in the last months of the year. Some talk about a bearish trend that will return the BTC price to 49k or even less, other "experts" talk about a BTC price of 100k in the coming weeks even before closing the year 2024. It is well known that the price of BTC is almost impossible to predict, but, doing both technical and fundamental analysis, observing the price behavior in long-term time frames such as 1D, 1s, or 1M, and, scrutinizing a little beyond what is required, one can say the price of BTC could rise, up to how much? I would not know how to say, but I can affirm with compelling arguments, that the month of October; Called UPTOBER in the US, Europe and Asia, it seems to be the month when BTC will finally hit 100k.
You just have to study and analyze the charts well, especially the ones from month to month over the last 4 years, to realize that.
Remember that the market forms patterns, which repeat themselves over time, even some fundamental ones on certain dates that seem to repeat themselves as well.
Remember that the US elections are near, and that both candidates receive donations in their campaigns in cryptocurrencies.
Taking into account these small great details, both technical and fundamental, we can almost say that BTC will hit 100k in October, just before the US presidential elections.
Remember "Buy on the rumor and sell on the news."
Also don't forget, when the price goes up it does so by the stairs, but when it goes down it does so by the elevator.
BTC on Uptober
While the crypto market seems to be closing lower in the last days of August, many are wondering what the next BTC price was in the last months of the year. Some talk about a bearish trend that will return the BTC price to 49k or even less, other "experts" talk about a BTC price of 100k in the coming weeks even before closing the year 2024. It is well known that the price of BTC is almost impossible to predict, but, doing both technical and fundamental analysis, observing the price behavior in long-term time frames such as 1D, 1s, or 1M, and, scrutinizing a little beyond what is required, one can say the price of BTC could rise, up to how much? I would not know how to say, but I can affirm with compelling arguments, that the month of October; Called UPTOBER in the US, Europe and Asia, it seems to be the month when BTC will finally hit 100k.
You just have to study and analyze the charts well, especially the ones from month to month over the last 4 years, to realize that.
Remember that the market forms patterns, which repeat themselves over time, even some fundamental ones on certain dates that seem to repeat themselves as well.
Remember that the US elections are near, and that both candidates receive donations in their campaigns in cryptocurrencies.
Taking into account these small great details, both technical and fundamental, we can almost say that BTC will hit 100k in October, just before the US presidential elections.
Remember "Buy on the rumor and sell on the news."
Also don't forget, when the price goes up it does so by the stairs, but when it goes down it does so by the elevator.
$SQD super mega bullish, it will fill the imbalance up to 0,03473 and maybe continue the rally up to 0,3890
I've officially started stacking in spot $PAXG . I've managed to buy at 4.177, and I'm not planning to sell even if it drops to zero.
$BTW This is in overbought territory, I'm waiting for the pullback and reaction zone for the next pump
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