🅱️ Bitcoin Hits A New All-Time High In Turkey (USD To Follow?)

27 ต.ค. 2023

You know how we use one Altcoin project, one trading pair to help us predict what is coming to the rest of the market?

Yes! We've seen Altcoins moving ahead earlier this year and this helped us predict with high accuracy the fact that Bitcoin was set to continue higher instead of hitting new lows, we have many examples of this.

What if looking at a different Bitcoin trading pair can help us predict what is coming to the main pair, BTCUSD?


Bitcoin Hits A New All-Time High Against The Turkish Lira | BTCTRY

Here we have the same patterns as with BTCUSD.

We have a peak in April 2021 followed by a higher high (new ATH) in December 2021. So the bull-market ends late 2021.

In 2022 the initial low is set June with a lower low in November 2022.
Massive growth starts as soon as we enter 2023...

This is where everything changes!

BTCTRY keeps on moving ahead.

It seems we have a very similar chart to BTCUSD but moving first and faster.
Other pairs also hit new ATH for Bitcoin, in other countries so this might not be a one off event.

Now, we've been preparing for a major bullish wave but not as strong.
I mentioned the possibility of 50,000 even 60,000 but no new All-Time Highs... Maybe we need to be more open minded?

The truth is that market conditions can always change.

We have a very well mapped out plan as to what can happen in the coming months but remember, Bitcoin likes to surprise, it can be something completely different... Instead of a major correction before the halving, no correction at all.

This is just wild speculation of course based on this lira (TRY) chart.

We stay open to all scenarios specially if we are talking about bullish growth.

The bears just became weaker.

➖ A bullish Bitcoin has been confirmed for many months.
➖ A bullish Bitcoin is guaranteed at least after the halving in 2024.
➖ Bitcoin is set to hit new All-Time Highs in the years to come.

Namaste.