BitcoinLong
Bitcoin Roadmap for this cycle
If Bitcoin closes the current weekly candle above 90k, then we will see a runup to approximately 111k, the target of the bull flag. There we will retrace which will happen in a time window between February and May 2025, depending on the fed rate cuts and if the US Bitcoin strategic reserve is a safe thing. Then, a general flush out will happen which is backed by the American commercial real estate market and the loan bubble bursting. Also the Yen Carry Trade will fully unwind and send the market down by 30 (75k) to 50 (53k) percent. I think the most probable
level is the 0.382 retracement. This will be the last entry before Bitcoin starts the final run to the top that will be in an area between 124k and 142k.
I will update this post to keep you on track.
level is the 0.382 retracement. This will be the last entry before Bitcoin starts the final run to the top that will be in an area between 124k and 142k.
I will update this post to keep you on track.
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