📈Bitcoin continues to follow a remarkably similar path to its previous market cycles. Each major bullish impulse has been followed by a controlled correction, a fakeout towards the lower trendline, and then a strong rebound toward new highs.
Looking closely at the current structure, BTC seems to be retesting the lower bound of its long-term rising channel, a pattern that played out multiple times before every major leg up.
⚔️If history repeats itself, this fakeout could mark the final shakeout before the next macro rally, with a potential reversal forming between late November and early January.
🏹From there, the next impulsive wave could push price toward the upper boundary of the channel, around the $150,000–$160,000 zone, aligning perfectly with Bitcoin’s long-term cyclical rhythm.
The big question remains: will history rhyme once again, or is this time different?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
Looking closely at the current structure, BTC seems to be retesting the lower bound of its long-term rising channel, a pattern that played out multiple times before every major leg up.
⚔️If history repeats itself, this fakeout could mark the final shakeout before the next macro rally, with a potential reversal forming between late November and early January.
🏹From there, the next impulsive wave could push price toward the upper boundary of the channel, around the $150,000–$160,000 zone, aligning perfectly with Bitcoin’s long-term cyclical rhythm.
The big question remains: will history rhyme once again, or is this time different?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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Trusted CFD Broker
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。