Token

Base

Memecoin

BASE

<ul> 
 <li>BTC’s three subsequent bases since Q4/22 highlight a meaningful trend.</li> 
 <li>Following B3’s culmination, an anticipated impulsive move to the 60k region emerges.</li> 
 <li>Post the surge, B4=W4 correction sets the stage for the final W5 push towards SP.</li> 
</ul> 
<p>Bitcoin, the <a href="https://cryptonewsland.com/bitcoin-digital-gold-us-banking-crisis/">digital gold</a> of our age, has been on a rollercoaster since the last quarter of 2022, painting patterns that analysts have closely watched. A standout development has been the formation of three sequential bases, identified as B1 through B3.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">PARABOLIC CURVE – Update<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> has formed 3 subsequent bases since Q4/22. <br><br>B1-B3: 1st impulse (5) and correction (B3, ABC, flat) of blow-off.<br><br>Once B3 is final, an impulsive bust to the 60k region is to be expected (W3, 5).<br><br>B4=W4: 2nd correction (ABC, sharp).<br><br>Then W5 to SP. <a href="https://t.co/SdSK2g63JF">pic.twitter.com/SdSK2g63JF</a></p>— Gert van Lagen (@GertvanLagen) <a href="https://twitter.com/GertvanLagen/status/1708155769126781071?ref_src=twsrc%5Etfw">September 30, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>These bases demarcate Bitcoin’s first impulse, dubbed as (5), followed by its correction marked as B3, ABC, portraying a flat trajectory of the blow-off. Such distinct formations invariably point to future price movements. With B3’s impending close, a dynamic, impulsive thrust is on the horizon, potentially catapulting BTC towards the much-anticipated 60k mark. This upward trend is recognized as W3, charting out in a five-wave structure.</p> 
<p>But Bitcoin’s path won’t be without its set of downturns. After this ascent, B4 is anticipated to echo W4, introducing the next correction delineated by a sharp ABC pattern. This phase sets the scene for W5, which subsequently aims for the Set Point (SP).</p> 
<p>These patterns and predictions aren’t just digital scribbles for seasoned traders. They epitomize the volatile and ever-evolving world of cryptocurrency, specifically Bitcoin, showcasing a blend of ripe opportunities juxtaposed with inherent risks.</p> 
<h4 class="wp-block-heading" id="h-recommended-news">Recommended News :</h4> 
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 <li><a href="https://cryptonewsland.com/bitcoins-climb-to-60k-short-lived-satisfaction-for-48k-top-callers/">Bitcoin’s Climb to 60K: Short-lived Satisfaction for 48K Top Callers</a></li>
 <li><a href="https://cryptonewsland.com/coinbase-set-to-reshape-crypto-landscape-with-l2-solution-base/">Coinbase Set to Reshape Crypto Landscape with L2 Solution Base</a></li>
 <li><a href="https://cryptonewsland.com/coinbases-base-blockchain-network-to-face-aml-measures-on-launch/">Coinbase’s BASE Blockchain Network To Face AML Measures on Launch</a></li>
 <li><a href="https://cryptonewsland.com/coinbases-base-l2-network-roadmap-no-token-issuance/">Coinbase’s Base L2 Network Roadmap: No Token Issuance</a></li>
 <li><a href="https://cryptonewsland.com/memecoin-bald-on-base-rockets-to-85mm-market-cap-in-48-hours-then-plummets-85-in-rug-pull/">Memecoin “Bald on BASE” Rockets to $85MM Market Cap in 48 Hours, Then Plummets 85% in Rug Pull</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/bitcoins-path-to-60k-analyzing-b1-b3-bases-since-q4-22/">Bitcoin’s Path to 60k: Analyzing B1-B3 Bases since Q4/22</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Bitcoin’s Path to 60k: Analyzing B1-B3 Bases since Q4/22

Crypto News Land

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