Long

🅱️ (₿) Bitcoin Yearly | GREEN! $250,000 by 2026!

Updated

Since bitcoin's creation, it has never gone red for more than 1 year.

Since 2013, bitcoin prints one year red followed by three years green.

We can see something similar happening this time around, consider the following two scenarios:

1) Bitcoin moves below EMA10 ($13,700) and moves back up to close green by end of year. Something like 2015.

2) Bitcoin consolidates in 2023 with no new lows and starts growing in 2024. Something like 2019.

Summed up

Consolidation in 2023.
Recovery happens in 2024.
Strongly bullish in 2025 with a new All-Time High hit, potentially reaching $200,000 or even $250,000 per bitcoin.

Namaste.

Note

This is just my opinion and belief, strong speculation that has no proof, but I am thinking that EM will use some of the billions he withdraw from TSLA to buy crypto.

The time he decides to jump in will confirm the bottom and ignite the next bullish wave.

So he won't be buying Dogecoin only also bitcoin and some of the other cryptocurrencies as well.

What's your take?

Note

Here is the linear/arithmetic chart... Also remember the Bitcoin halving event, the block reward is cut in half.

As supply is reduced, this puts upward pressure on the price.

AlanSantana

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