#Bitcoin Heikin-Ashi chart shows true uptrend momentum pickup at the moment. This bounce is apparently different from previous Dead Cat Bounces.
#BTC#Cryptos
Could #Bitcoin be at $43,500 by April 2023?
This scenario could be very likely if we refer to what #BTC did in past cycles following the FRVP :
1⃣It breaks the POC level 🔴
2⃣It reaches the VAH level 🔵
Currently 1st condition is met & VAH is at $43.5k. 🚀💥
On Macro #Bitcoin weekly chart, a large scale Wyckoff Accumulation Bottom could be seen. This is possibly the end of bear market.
We can clearly identify
- Preliminary Support (PS)
- Selling Climax (SC)
- Automatic Rally (AR)
- Secondary Test (ST)
- Spring
#BTC#Cryptos