Bitcoin Liquid Index
Short
Atualizado

Will Bitcoin Hit ATH Before Halving?

325
I posted a Log Regression when #Bitcoin was 15k.

I publish now when it is 62k. So BTC has already done x4.

What now? Shall we break the ATH? Let's consider the pros and cons.

This is why yes:

➕Increasing global liquidity.

➕So far, positive flow from ETFs.

Here's why not:

➖Strong overbought

➖Previously, there was no ATH breakout before the halving. And immediately after, the "sell in May" season.

➖Strong sales began (in medium wallets), because many people consider ATH a good zone to sell the part.

💡Conclusion. If we do not break the ATH in the next 2 months, it will likely happen in the autumn. In the base case scenario, I only expect a test ATH unless ETF flows and liquidity increase significantly.
Trade fechado: objetivo atingido

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.