How will the Candle of the current 6 Months be Closed❗️❓

31 июл. 2023 г.

Hi everyone👋(Reading time less than 5 minutes⏰).

Today I want to show you the 🎯target🎯 of Bitcoin for the next 5 months using the 6-month Bitcoin candles.

⚖️Bitcoin has created 6-month candles in the last 7 years, and if we look closely at these candles, we can see similar movements in them.⚖️

⚖️I divided the 6-month candles into 5 similar movements.⚖️

⚖️The first movement consists of three candles, which showed an upward movement before the start of the correction, which are similar in both periods of the first movements.⚖️

⚖️In the same way, the next candles had similar movements.⚖️

⚖️If the fifth movement wants to be similar to the fifth movement of the previous movement, the candle of the current 6 months has to close in red, and 50% of the fourth movement should have a minimum decline(about $22,780).⚖️

🔔As a result, I expect Bitcoin to drop to at least $22,780 in the next 6 months.

It is interesting to know that this analysis is similar to my previous post on "Bitcoin 🗺️Road map🗺️for 300 Days Before Halving 2024❗️"It is compatible; I recommend you to read the following post as well.👇

Bitcoin Analyze ( BTCUSD ), 6-months time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

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