#Bitcoin - This cycle has sped up, get ready for the finale.
Recently, we've started to notice that the cycle has accelerated. Various reasons have contributed to this, but the main factor is undoubtedly the acceptance of the Bitcoin ETF. A huge flow of liquidity has begun to enter the #cryptocurrency market, and we have all felt this over the past few months.
Of course, no one can know the future, which is why we rely not on our own thoughts and expectations, but on the signals of our algorithmic systems. Nevertheless, let's try to identify the main price development scenarios.
The potential maximums for #BTC in this cycle are $120,000 - $200,000. Whether Bitcoin will rise to 120k or 200k will only depend on the rate of price increase. If the price continues to move up very quickly, without corrections or consolidations, then the maximum marks we can see are 120k. However, if there are corrections or at least consolidations on our way, which would allow the market to cool down, then
BTC could reach 200k, and the bull market could last another 8-12 months.
I don't want to be too optimistic or pessimistic, so, personally, I would expect average values, such as 120k - 140k - 160k, by the beginning of 2025. I emphasize, this is just an expectation, and the market does not necessarily have to meet our forecasts. We continue to follow the trading systems, as this is what helps us make money.
Of course, no one can know the future, which is why we rely not on our own thoughts and expectations, but on the signals of our algorithmic systems. Nevertheless, let's try to identify the main price development scenarios.
The potential maximums for #BTC in this cycle are $120,000 - $200,000. Whether Bitcoin will rise to 120k or 200k will only depend on the rate of price increase. If the price continues to move up very quickly, without corrections or consolidations, then the maximum marks we can see are 120k. However, if there are corrections or at least consolidations on our way, which would allow the market to cool down, then
BTC could reach 200k, and the bull market could last another 8-12 months.I don't want to be too optimistic or pessimistic, so, personally, I would expect average values, such as 120k - 140k - 160k, by the beginning of 2025. I emphasize, this is just an expectation, and the market does not necessarily have to meet our forecasts. We continue to follow the trading systems, as this is what helps us make money.
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