2 10 BTC long term target 51888 is close at hand, continue to follow the trend

Mondo History Updated on 2024-02-11

Friends, Happy New Year, unconsciously** have come to 48000, we have been in the early stage of 40000 and 38888 public ** long-term first goal in 52000, has been completed most of the time, according to the current situation, the completion of the goal is a high probability event.

The weekly level touched 0618 and the previous high point of a single needle backtest, just the time period when the ETF passed, the high level of a lot of chasing high, grayscale selling will wash away the high vast majority of the contract and not firm spot chips, which happens to give many institutions is an excellent opportunity, the disk gives a signal around 40000 is the opening price, and we just follow the smart money to enter together.

In conclusion, there is no black swan event, and there is basically no BTC below 40,000 before the halving, and 40,000 is the last boarding point, until the end of the entire bull market. Waiting for the ether to make up for the rise is the only way to configure the copycat.

Morphologically, after 25,000 bottomed out unilaterally to 49,000, forming a single needle top, in this year's environment and the background of halving, this must not be a high point, the end of the bull market is not a point, but a region, shipments need to be completed at a high level, a point of large **, can only be seen as a wash, and this week's strong sun rose, basically laid the next continuation of the bullish rhythm.

Next week either slightly**repaired, or directly pulled, ** adjustment is difficult to fall below 46000, if ** to the constant fall, then near the low point of the sideways range is the starting point of the next bulls, **although blocked adjustment, but there is no obvious continuation, so**46600 is**range low.

To sum up: said that the target level of 51888 for more than 1 month is close at hand, and the probability will be reached, the week next week will either be slightly repaired and then pulled up, or directly pulled, it is difficult to fall below 46000 in the short term, the low point of the range is at 46600, the contract is more near 46600, and the target is 48000-51888

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