Long

Bitcoin $73,609 By 25th MAR 2024 Big Bear + Big Bull.

Updated

I see the pattern do you?

Big Bear + Big Bull

Small Bear + Small Bull

Big Bear + ( most likely if history does not change big Bull).

Its only when you're halfway through the bull market does the sentiment actually shift and people start to become bullish and the leverage starts.

My guess as I'm also putting money on this is we should see around 73K before the "Bullish people start to get the sign.

Note

JUST IN: 🇺🇸 $646 billion asset manager AB Bernstein predicts a spot #Bitcoin ETF will be approved "between mid October and mid March 2024."
Maybe that could spark the FOMO? its all fun & games until that happens. The more this move is not anticipated the faster it will be.
twitter.com/BitcoinMagazine/status/1699119072221286426?s=20

Note

€1.337 trillion asset manager Deutsche Bank partners to offer #Bitcoin custody for institutions

50% chance of Spot ETF Approval 10/17/23
100% chance of Spot ETF Approval by 1/15/24

There's an entire wall of the biggest financial institutions in the world behind the scenes rushing to get their products approved for allocation to BTC.

Note

2024 price targets.
JP Morgan: 45k
Arthur Hayes: 70k
Robert Kiyosaki: 100k
Adam Back: 100k
Standard Chartered: 120k
Pantera Capital: 148k
Tom Lee: 180k
Tim Draper: 250k
Mike Novogratz: 500k
Cathie Wood: $1 million

Average price $236,800 maybe my 74k target is too bearish.

The largest Spot ETF funds are yet to comment or release any growth / price models.

Note

Halfway mark hit, onward to $73,609.

Note

I admit I get it wrong sometimes, and I was wrong it looks like we're going to possibly hit $73,609 before my target.

FederalXBT

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