Measured move and Fib Extension Lvls (estimated) target for this cycle is at 199k-275k USD, from my current simple analysis; following Trump POTUS win, probaby peaking in ~Q3 2025 following trend in past 3 4-year cycles; then followed by another bear market to revisit previous ATH at ~65k USD or as low as 45k USD if the trend continues to rhyme with history.
Might need to readjust target as chart evolves, with institutions entering, ETF, Trump win and his pro-crypto policies/advisors, and even CCP (who controls the 2nd largest economy) now going to allow its citizens to buy and own cryptos.
Just my personal view atm to share, subjected to change.
Might need to readjust target as chart evolves, with institutions entering, ETF, Trump win and his pro-crypto policies/advisors, and even CCP (who controls the 2nd largest economy) now going to allow its citizens to buy and own cryptos.
Just my personal view atm to share, subjected to change.
Trade active
Will also be referring to my LVDT script (optimized for BTC) to help inform if it is time to start DCA sell BTC again this cycle.Note
An adjusted Fib extension lvl for better confluence with prev support/resistance lvls:Adjusted Fib Extn ATH Target is now at ~338k USD instead.
In the more immediate time, BTC is about to interact with the 61.8 Fib Extn lvl, something to be observed to guide followup analysis from here.
Note
Short Term: Healthy retracement first upon hitting 100k USD, consolidation before continuation?Note
or perhaps sideways consolidation — and during which, alts might finally see their proper parabolic gains.
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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.