The 1 month Stochastic RSI has just closed a death cross, similar to our 2019 fractal pattern which was then followed by the covid crash
However this technical pattern suggests that turmoil may be ahead before things get really better, BTC is still a great buy despite the challenges that may be ahead, however I strongly suggest holding CASH ON THE SIDE IN CASE OF A MAJOR CORRECTION!!!!!!
I believe that once our halving event passes on April 26, 2024 (current estimate as of 9.4.2023) we will start the 2nd leg of the bull run to all time highs by election season
However, I just want to make you all aware that things MAY GET WORSE before things get better with the halving event in Q2 2024!!
However this technical pattern suggests that turmoil may be ahead before things get really better, BTC is still a great buy despite the challenges that may be ahead, however I strongly suggest holding CASH ON THE SIDE IN CASE OF A MAJOR CORRECTION!!!!!!
I believe that once our halving event passes on April 26, 2024 (current estimate as of 9.4.2023) we will start the 2nd leg of the bull run to all time highs by election season
However, I just want to make you all aware that things MAY GET WORSE before things get better with the halving event in Q2 2024!!