ביטקוין

uptrend will not start for about another 14 weeks!

246
What is my idea?

I estimate that the uptrend will begin about 14 weeks from now.

On the chart, a blue dashed line indicates the worst-case scenario.
This week's worst case is $ 17.8K It will go up by about $ 700 every week. At the end of the fourteenth week (around September 5), the worst-case scenario is approximately $ 25.5K

During this time, bitcoin's price is most likely to fluctuate between $ 25.4K and $ 37.2K (Obviously, as I mentioned, the worst-case scenario is always possible, but I am only dealing with the most likely scenario.)



RSI indicator setting:
  • SMA -5 (RSI Weekly 54)
  • Yellow area: 55-60
  • Green area: 46-49
  • Red area: 78-80


VAL and VAH:

Blue line: SMA -55 (Dynamic VAL)

Red-thick-line: VAL in a downtrend
Red-line: VAH in a downtrend

Green-thick-line: VAL in an uptrend
Green-line: VAH in an uptrend

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