Tag: bitcoin halving
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Bitcoin bulls beware! Topping pattern to trigger more downside?
You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on the bitcoin chart given the Israel-Iran tensions over the weekend. Before the markets closed for the weekend, they did sink as the Iranians said they were…
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![Bitcoin to $180k? Breaks critical support ahead of Fed rate decision]()
Bitcoin to $180k? Breaks critical support ahead of Fed rate decision
Bitcoin bulls are excited about Fundstrat’s prediction for $180,000 bitcoin before the April 2024 halving. To put that in perspective, that would be a 500% plus move from current prices in less than 12 months if the prediction comes true. The reason? Supply and demand. Currently, bitcoin’s daily demand is $25 million and is just…
