BitcoinLong
BITCOIN: WHEN 444.444,44?
In this chart i highlight every time Bitcoin add a number 4 in its price.
Why i choose 4?
Simple, because some days ago i opened TW and i saw Btc price at 44.444,06, so i decided to study if price is ever returned to the previous level: the answer is no, at the time.
In an asset like Bitcoin, coded to be scarse since its born, it's really quite impossibile return to a previous level except for in a bear market.
Underlining last year, i assume we are passed in a bear market, since we have crossed the 44.444 price 5 times.
I thinh the probability we could fall at 4.444 are very low, but not zero (probability theory).
So, enjoy the wave, maybe we could re-see 20-30k, but i'm waiting for 444.444,44
Why i choose 4?
Simple, because some days ago i opened TW and i saw Btc price at 44.444,06, so i decided to study if price is ever returned to the previous level: the answer is no, at the time.
In an asset like Bitcoin, coded to be scarse since its born, it's really quite impossibile return to a previous level except for in a bear market.
Underlining last year, i assume we are passed in a bear market, since we have crossed the 44.444 price 5 times.
I thinh the probability we could fall at 4.444 are very low, but not zero (probability theory).
So, enjoy the wave, maybe we could re-see 20-30k, but i'm waiting for 444.444,44
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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.
Related publications
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.