#Bitcoin gained +61% in Q4 of 2016 and +171% in 2020. Interestingly, 2024's price action so far mirrors both yearsโcould history be repeating itself?
Long term Bitcoin holders are aggressively buying!
Over the past 2 months, long term holders have accumulated more BTC than in any other period in the past 3 years.
Someone knows something...
Bulls need to push $BTC up above 65.1k to cancel the hidden bearish divergence on the daily and print a higher high, else we're still going to print that E wave back towards 58k #Bitcoin
โ Bitcoin Weekly RSI Marks an โIntermediateโ BTC Price Target of $85,000
Bitcoin Market Forecasts Increasingly Bullish, But One Trader Says More Evidence of a BTC Price Reversal Is Needed
๐ฐ#Bitcoin in the daily is still in this narrow channel range
For the first time in months, $BTC has formed a higher low
The fourth quarter will be important ๐โโ
#Bitcoin Bottom to Top vs. 4 & 8 Years Ago
Current Price: $63,069
Price 4 Years Ago: $10,411 (Scaled: $51,509)
Price 8 Years Ago: $595 (Scaled: $53,273)
as of 09/21/2024 $BTC #BottomToTop #BitcoinChartBot
Bitcoin needs to rise above $64K - formally, we will transition from a macro Bear market to a Bull market.
The 200-day SMA needs to become support rather than resistance.