Predicting crypto with technical indicators: 28.04.2024 – Analytics & Forecasts – 28 April 2024


BASIS.
1: WEEKLY.

The main problem with crypto is that both Bitcoin and Ethereum have reached their key weekly uptrend targets (67 900 for BTC), which was known since october-2023. Take a look how long we struggle to pass it!

The global uptrend won’t continue untill we correct from that target to the region of 50 000 – 51 000 BTC. According to cyclic model, it will happen sometime around october-2024.



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