BTC Quick Update

Asphen
03-24


Price action shows a weakness. 

MA5 has gone below MA20 and if BTC cannot make it above 67K (the arrow pointing to MA20), and get rejected, we are seeing BTC down to 58K and then 52K


So be ready for the weakness.

BTC Daily - 24 Mar 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  $ProShares Bitcoin Strategy ETF(BITO)$  

$iShares Bitcoin Trust(IBIT)$  

Bitcoin Halving Done: A New Era Begins?
The highly-anticipated fourth iteration of the bitcoin halving occurred a little after 8:09 p.m. Eastern on Friday. Bitcoin traded flat in the immediate aftermath of the halving, holding steady around $63,000. ----------------- Can the halving bring a big rise? What's your target price for bitcoin in 2024?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • LMSunshine
    04-04
    LMSunshine
    @Asphen Any thoughts on Bitcoin pricing after halving based on TA? Been reading articles to say 70K-150K
    • LMSunshineReplyAsphen
      Thanks for sharing tour knowledge, appreciate loads❣️
    • Asphen
      those numbers are just speculative.
      TA perspective, if it manages to break 72k, target will be 82.6k.

      post halving usually go upwards but if u see past halving, it takes awhile to go up...could be months up to 1yr+

  • koolgal
    03-24
    koolgal
    I will watch out for the crucial point of USD67,000.
  • koolgal
    03-24
    koolgal
    Thanks for sharing your awesome technical analysis. 😍😍😍
  • melson
    03-24
    melson
    [Happy]🛩️✈️🛩️✈️🛩️
  • PeterMoore
    03-25
    PeterMoore
    Thanks for the update!
  • Deposit
    03-25
    Deposit
    thanks for this
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