Well, I want to use the Gann box tool to predict the price of bitcoin. If we set the starting point of this tool on October 17, 2020 and consider its point 0.236 as the highest daily price on April 14, 2021, we will see that the intersection of the two 0.382 end ranges is at the price of 30,000 $.
After that, we saw the price rise to the range of 0.5 and the new ATH.
Then we had a correction in the price up to the range of 0.75, which was also a pull back.
We entered the correction phase from the range of 0.5 to 0.618, which I expect to continue until the end of December.
After that, we enter the best phase in the market, which is the beginning of the range of 0.618 to 0.75.
I have also specified the next price targets in the chart.
ATTENTION :
It is not a financial advice, it's an idea for educational purposes
After that, we saw the price rise to the range of 0.5 and the new ATH.
Then we had a correction in the price up to the range of 0.75, which was also a pull back.
We entered the correction phase from the range of 0.5 to 0.618, which I expect to continue until the end of December.
After that, we enter the best phase in the market, which is the beginning of the range of 0.618 to 0.75.
I have also specified the next price targets in the chart.
ATTENTION :
It is not a financial advice, it's an idea for educational purposes
