Bitcoin Completing Pullback; Poised to Set 1 – 2 Month Low.
01/20/24 – “Bitcoin & Ether are showing signs of topping after Bitcoin reached its 3 – 6 month/~48,000/BT target, setting its highest daily close at 47,985/BTH on Jan. 8. That fulfilled its multi-month buy signals from mid-Sept & mid-Oct ’23… Bitcoin plunged from there, leaving intact its ~8.5 – 9-month/36 – 38-week high-high-high-(high) Cycle Progression. Bitcoin tested & held its weekly HLS, portending a 1 – 2 month low […]
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