#Bitcoin Gaussian channel 🐍
Well, halving.
This was the first cycle when we reached 1.0 on the Fibonacci mark, instead of the usual 0.786. The adoption of ETFs, namely the purchase of 200,000 bitcoins by institutions, distorted the demand curve this time.
What's next with Bitcoin after #halving? I expect a little calm before the storm. Most likely, we will not see new highs being taken in the next month, but the cumulative effect has already started to work, and I think that in half a year we will begin to approach 100k.
Well, halving.
This was the first cycle when we reached 1.0 on the Fibonacci mark, instead of the usual 0.786. The adoption of ETFs, namely the purchase of 200,000 bitcoins by institutions, distorted the demand curve this time.
What's next with Bitcoin after #halving? I expect a little calm before the storm. Most likely, we will not see new highs being taken in the next month, but the cumulative effect has already started to work, and I think that in half a year we will begin to approach 100k.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.