A Bitcoin ($ BTC) „rendkívül ritka” bullish jelet villog, a veterán kereskedő szerint

A top cryptocurrency analyst that has gained a large following on social media after accurately in January 2018 Bitcoin’s 84% decline throughout that year, has said $BTC recently flashed an “extremely rare” bullish signal.

On Twitter, Brandt shared a chart with his nearly 700,000 followers on the microblogging platform showing that Bitcoin is likely to rally upward to the mid $25,000s after flashing an “extremely rare” bottom pattern.

The trader’s bottom pattern uses a fulcrum point, which refers to a turning point that “marks a major change in direction for a security,” according to Investopedia. It indicates that a large price movement is set to soon occur.

The lowest point on an asset’s chart is the fulcrum point when the stock shifts from a downward trend to an upward trend. Similarly, the highest point is the fulcrum point when the stock shifts from an upward trend to a downward trend.

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As CryptoGlobe reported, Brandt has recently suggested that there’s potential for Bitcoin to hit $150,000 by 2025 by pointing to an inverse head and shoulders pattern, which could push $BTC to $30,000 by the second quarter of this year.

Az inverz fej és vállak minta a szokásos fej és vállak mintázatának ellentéte. A csökkenő trendek megfordulásának előrejelzésére szolgál. A minta akkor azonosítható, amikor egy értékpapír árfolyama eléri a mélypontot, emelkedik, ismét az előző mélypont alá esik, majd ismét emelkedik, és végül harmadszor esik, de nem olyan alacsonyra, mint a második mélypont.

After the third trough, the price moves upward towards the resistance level at the top of the previous troughs. Brandt’s chart suggested that before moving to $150,000, BTC would hit $70,000 and reserve to correct back down to $33,000, ahead of a major rally that would help the flagship cryptocurrency surpass six digits per coin.

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• Forrás: https://www.cryptoglobe.com/latest/2023/01/bitcoin-btc-flashes-extremely-rare-bullish-signal-veteran-trader-says/