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Technical analysis by ashbeyinvestments about Symbol BTC: Buy recommendation (11/22/2023)

https://sahmeto.com/message/47669
ashbeyinvestments
ashbeyinvestments
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As we get closer to the Bitcoin Halving in 2024. We see bullish momentum on the weekly time frame. While also having a BTC & ETH ETF catalyst firing up price, alongside a bullish stock market. Price will exponentially rise as a hedge to the losing dollar, and the inflation proof system bitcoin possesses with the block reward cut in half every Halving event. Every previous halving event lead to a surge in price. The percentage from current price to 100k would be 165%, and from our 16k bottom would be 550%. See you at the top!

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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$37,195.72
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