Bottom is in! Bitcoin hitting 50k in April 2023

Nov 4, 2022

If we look in the previous bull run, there are few main points:

• After the breakout of the falling price and weekly RSI resistance, it took BTC approximately 160 days to make a second peak at 0.618 fibo level
  
• Such a movement would take us to about 50k at around April 2023
  
• There are actually many similarities - mainly the big channel that the btc stays in the whole time, breaking out only around halving
  
• Also, in the previous run, breakout of the falling price and RSI weekly resistance accured at the same time, same as now
  

Nov 4, 2022

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Nov 10, 2022

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Nov 10, 2022

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Nov 22, 2022

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