Artem Mischenko
@artemmischenko
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🟠 Analyst: A month ago, I talked about the 25th and 35th MA of Bitcoin golden cross. ➡️ At that time, BTC was trading around $62k, and it has risen by 44% since then. ➡️ Something similar happened with the total crypto cap mcap: it formed a golden cross on the monthly timeframe. ➡️ The last time this happened was in Q1 2021, and the total crypto cap mcap rose by 300% after that.
🟠 Since the end of September, the bulls have been steadily increasing pressure with taker orders.
🗓 Several theories from different analysts about 120-130K$:
📖Gold VC Bitcoin: target $125,000 $BTC. Cup and Handle call for $125,000 $BTC.
📖2023 Tweet 11/12: Could BTC hit 120k this cycle?➡️ If a spot ETF is approved before the halving, we could see a blast wave 3 targeting the 68-70k region.➡️ Bitcoin's previous ATH region would act as a neck, like a cup with a handle, targeting the 120k region.
📖 And a 3.5-year inverted head and shoulders pattern targeting around 130k. 0 reply
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