This is a prediction for the next couple of months.
I think the last bottom a 15.5k$ is not a good support LVL for the start of a new Bull Run.
There for I see a new stronger bottom coming before the real run starts.
I see this bottom happen around March/April with a break out into May.
For May one last bottom and then a mid summer break out to start the Bull run.
By August I see a hardcore Triple Top getting setup, into mid to late August.
September breaking 28.5k$-30k$. Then a cooldown for 1 1/2 months (end of September-mid October)
Getting to ATH by late Q4 '23-early Q2 '24. And at last ending the run by late '25.
I think the last bottom a 15.5k$ is not a good support LVL for the start of a new Bull Run.
There for I see a new stronger bottom coming before the real run starts.
I see this bottom happen around March/April with a break out into May.
For May one last bottom and then a mid summer break out to start the Bull run.
By August I see a hardcore Triple Top getting setup, into mid to late August.
September breaking 28.5k$-30k$. Then a cooldown for 1 1/2 months (end of September-mid October)
Getting to ATH by late Q4 '23-early Q2 '24. And at last ending the run by late '25.
הערה:
upper entry hit
Now Respect the Pump, Pump the Dump
Now Respect the Pump, Pump the Dump
הערה:
momentum is changed short vs long what to do?
הערה:
this may break out in a couple of days
I think the named zones support market theory. And there for getting/staying below 12.5k is bad for next Bull run and may suppress the price action in the run.
One think that needs to happen for the next run up is a continued spot volume over perp/div volume. (this is not the case for the last couple of run ups including last)