summarizeRenowned analyst Gertvan Lagen claims that Bitcoin (BTC) is ready for significant changes.Analysts say that an inverted head and shoulder pattern has been formed on the BTC chart, which will trigger an increase
summarize
- Renowned analyst Gertvan Lagen claims that Bitcoin (BTC) is ready for significant changes.
- Analysts say that an inverted head and shoulder pattern has been formed on the BTC chart, which will trigger an increase.
- Van Lagen's bullish forecast seems to be consistent with JPMorgan's forecast, which predicts a Bitcoin price of $45000.
Although the encryption marketCaught in an abnormal silence, but closely monitored cryptocurrency analyst and trader Gertvan Lagen claims that the largest cryptocurrency, Bitcoin (BTC), is about to undergo significant changes.
Content Guide
- Gathering Waiting for Bitcoin
- JPMorgan Chase's Latest Bitcoin Forecast
Gathering Waiting for Bitcoin
Cryptocurrency analysts and tradersGertvanLagenIn a tweet, it was stated that he has always been at the bottom of a perfect inverted head and shoulder pattern, which has been formed inBelow the weekly simple moving average (SMA) on the Bitcoin price chart. Last 200 days.The inverted shoulder shape is considered a strong bullish signal.
Van Lagen pointed out that the neckline and SMA200 are a pair of successful bullish signals, and pointed out that there is great upward potential. The analyst also talked about the perfect bear market trap, which he now believes is complete.Bear market trapPessimistic investors who anticipate further price declines find themselves on the wrong side of the potential price rebound.
Van Lagen's analysis of BTC price increases is based on what he calls sudden peaks, which correspond to strong price increases.
JPMorgan Chase's Latest Bitcoin Forecast
Van Lagen's bullish expectations seem to match those of banking giant Morgan. Nikolaos Panigirtzoglou 45,000 . 2000 goldgold 3 .
gold.
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