Post
Topic
Board Trading Discussion
Re: Summary of my trading experience, Market readings and forecasts
by
Husires
on 13/02/2024, 17:24:09 UTC
There is no relationship between the cryptocurrency market, the global economy, and the price of Bitcoin, as each one refers to something that is not related to the other, and we cannot use it to predict the price of Bitcoin. Technical analysis of previous cycles remain the basis for predicting the price of Bitcoin, which tells us that the price will be at a maximum three times the previous peak, which is 210k and twice the previous peak, i.e. 140k, so the price will be between these two prices and it is unlikely to be above > 200k.