Bitcoin Bull Rally 2019

By Cryptowido | Cryptowido | 25 Feb 2023


Disclaimer : This is not investment advice.
And the possibility that I'm wrong is also to be taken into account.
The crypto market is young, volatility is high, do your own research and measure the risks before making a decision.
I share what i do, nothing more.

If we are considering a possible Bull Rally for this year 2023, then we must be prepared.

We can try to determine possible price targets for Bitcoin.
We can take into account that the Bull Rally 2019 lasted about 2 months.
We can also take into account that the arrival of new players and media coverage have increased compared to 2019.

We could add other elements to take into consideration such as geopolitics, inflation, etc...
But indicators do not predict the future.

We can try to measure probabilities for different possible scenarios.
And a Bitcoin Bull Rally for this year 2023 is a possible scenario.

Bitcoin is the first indicator I consider to start preparing for a possible bullish or bearish scenario.
Its programmed cyclicity : Halving.
(post : Buy The Fact)

So let’s take an example from the past : Bitcoin Bull Rally 2019.





We can observe very interesting targets with some indicators, easily accessible and usable by all.
The RSI, the moving averages, the fibonacci, the areas of support or important resistance.

The price zone around $10,000 was important.
Because $10,000 is a "psychological price".
Like $20,000, $30,000, $40,000, $50,000, $60,000, etc.

So if I had to speculate on the eventual Bull Rally 2023 :


There are very interesting price zones around the psychological prices of the market. Like between $28,000 and $32,000 for example.


And with some additional indicators.
I can prepare my strategy.

I do not know if there will be a Bull Rally this year.
But I am preparing for this scenario.

We can learn from the past.
But stay open to all possible future scenarios.

As I have already prepared to lose all my investment.
If for some reason that is unknown to me today, Crypto or Blockchain Technology should become banned, obsolete or something else...
Because I know that the future will always remain an uncertainty.

And I also know that the prices of risky assets are very volatile and the movements can be powerful and rapid, downwards as well as upwards.

The latest Bitcoin Bull Run showed that the price could draw candles above $8,000 and even $10,000 in one day.

Thanks for reading my post and happy Earnings :)

Publish0x Links : Bear Market : Buying Time - My first crypto purchases for this Bear Market 2023 - My Crypto Investments Part 2 - Cosmos Ecosystem - My Crypto Investments Part 3 - My Crypto Investments Part 4 - My Crypto Investments Part 5 - Buy The Fact 


How do you rate this article?



Hello Cryptolovers. Happy Earnings. My Website :


Your first steps in Cryptos. Help for Newcomers in the Crypto World (and more).

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.