🟠 The weekly divergence between the March 2024 and January 2025 peaks has driven the recent 3-month decline.
🔴 BTC is expected to make a weekly move higher, creating another divergence in the way.
🔵 BTC held above the 2024 peak range 73K without overlap, while the Stock RSI has completed a full reset, reinforcing the bullish momentum.
🟢 Outlook: Over the next 6 months, Bitcoin
BTCUSD is expected to rally into new ATH, with a potential target around 127K by October 2025.
🔴 BTC is expected to make a weekly move higher, creating another divergence in the way.
🔵 BTC held above the 2024 peak range 73K without overlap, while the Stock RSI has completed a full reset, reinforcing the bullish momentum.
🟢 Outlook: Over the next 6 months, Bitcoin
BTCUSD is expected to rally into new ATH, with a potential target around 127K by October 2025.
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Related publications
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.