Bitcoin Next Move - April 2024 Forecast - Daily Chart

By Lorenz_Capital
As we approach the 2024 halving event I can see two potential scenarios playing out:

1. we sell-off 20-30% to see a 50K retest.
2. we see a bull flag and continue the run towards $100-150K by mid summer.

in scenario 1 - I do believe this would represent a good buying opportunity, as we are still likely to see a 100K price minimum by mid 2025.

stay classy
bitcoinlongbitcoinpriceChart PatternsTrend AnalysisWave Analysis
Lorenz_Capital

Related publications

Disclaimer