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2024-09-19 06:45:36

OrriginalCrypto on Nostr: #Bitcoin Daily Chart since Jan 2023 The purpose of this chart is to show you that ...

#Bitcoin Daily Chart since Jan 2023
The purpose of this chart is to show you that this near horizontal ranging we have done this year, since March, Happened Last year too.
People forget that.
For around 177 days, from March 18 2023 to September 11 2023, PA Ranged, people wanted to know what was going on and If PA was going to crash again. Same story as now.
PA began rising slowly and then, in October, PA began its rise to a new ATH.
A rise of around 190%
And we may have just begun a similar rise, almost to the DAY .
178 days after this years "Range" began. That day was 6 September 2024 and we have climbed since then.
IF we get a similar rise of 190%, We hit $150K USDT
So, Now a little Bite of reality. We have Stiff resistance overhead and this is VERY likely to put a dampener on things. But thats OK, we are not going to repeat the same exact pattern. Just look how much more Volatile this years range was compared to last years.
So, we need to wait and see how things play out Till October but I am still BULLISH here and the DXY Support group has just moved things forward.
They may not be too happy about that
HODL your Coins - Things are beginning to heat up and if we close this months Candle GREEN, we really will be off to the races.....
Author Public Key
npub17lppry426eg44fnahmjr5uecd0a792y93yy4slptz48cdgur708qs9zeru