Here's a Bitcoin 1 week chart, 5 year view, with price and time notes. Bitcoin is poised to make new all time highs around 130k by August 18th 2025. It may not seem that way today, when all global markets are drastically down because of Tariff news. But here's the bull case:
1) Uptrend channel: Bitcoin is trading at support in it's several years uptrend channel.
2) Last halving cycle 5/11/20 it took 336 days to hit it's first peak.
3) Last halving cycle 5/11/20 it took 546 days to hit it's second peak.
4) Last halving cycle 5/11/20 it took 98 days to drop and reverse bullish. And that was because China banned crypto.
5) This halving cycle 4/20/24 it took 280 days to hit it's first peak.
6) This halving cycle 4/20/24 Bitcoin has been in a downtrend for 77 days so far. And that is because China Deep Seek AI news, followed by Tariff news.
7) Last halving cycle 5/11/20 it took 210 days from the first to second peak. This halving cycle 4/20/24 210 days from the first peak to the possible second peak would land on 8/18/25.
8) Bitcoin 2021 high of $69k is a major support level that closely aligns with it's current uptrend channel support.

1) Uptrend channel: Bitcoin is trading at support in it's several years uptrend channel.
2) Last halving cycle 5/11/20 it took 336 days to hit it's first peak.
3) Last halving cycle 5/11/20 it took 546 days to hit it's second peak.
4) Last halving cycle 5/11/20 it took 98 days to drop and reverse bullish. And that was because China banned crypto.
5) This halving cycle 4/20/24 it took 280 days to hit it's first peak.
6) This halving cycle 4/20/24 Bitcoin has been in a downtrend for 77 days so far. And that is because China Deep Seek AI news, followed by Tariff news.
7) Last halving cycle 5/11/20 it took 210 days from the first to second peak. This halving cycle 4/20/24 210 days from the first peak to the possible second peak would land on 8/18/25.
8) Bitcoin 2021 high of $69k is a major support level that closely aligns with it's current uptrend channel support.
Note
Took profit at $93,500, will wait for a pullback to Note
Had to get back in the long before Bitcoin breaks +$100k Note
If you want to take partial profit in the +$100k area and use Michael Sailor as your exit liquidity nows your chance.Trading indicators:
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tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.