BTC may reach near $14.5k by 2023-02-15

بواسطة day0

تم تحديثه

Bitcoin has been declining with some occasional increases. However, BTC may reach near 14.5k by 2023-02-15.

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Not enough historical data to confirm that was the bottom (at least 66.6 days are needed):

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When half of 2022-11 & all of 2022-12 data is removed, there is no increase in JAN chart:

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$24,666.66 then decline for 2023-02

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BTC may find bottom by 2023-06-06, after there is more historical data available.

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BTC may find bottom by 2023-06-06 (daily) (2022-01 to 2024-01):

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BTC repeating trend of 2022-07 & 2022-08 (possible double bottom or "longer flatter bottom", before the steady rise to the estimated peak of 2025-01):

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BTC may reach near 14.5k by 2023-03-15 or 2023-04-15

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BTC may stop declining before 2023-12.
BTC weekly 2022-03 to 2023-08
BTC weekly chart from 2022-03 to 2023-08 reflects a $36666.66 to $15666.66 zone for 2023-04 (see green dashed-line). However, the strongest resistance zones, based off of today's historical data (on 2023-02-28), reflect a $32666.66 to $15666.66 zone for 2023-08-28 (see pink dashed-line).

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News: "Economist Harry Dent Expects Biggest Crash in Our Lifetime"
" Bitcoin may go down more like 95%, 96%. Dent expects the crypto market may crash alongside stocks, with BTC falling up to 95%-96% from its November 2021 high. "

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There is a very high probability that BTC will decrease significantly from 2023-8-15 to 2024-01-15. Especially in 2023-12. recession prediction = 2024-01

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recession prediction = 2024-01

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(click chart to play)
1W 2022-12 to 2024-02:

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$150000 to $250000 is still very possible for 2025

day0

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