1- Bitcoin can cross the previous ceiling but not significantly. (October 2024)
2- Within a year after that, it reaches the range of 27,000 dollars. (October 2025)
3- In the following two years, it reaches the range of 150,000 to 250,000 dollars. (October 2027)
4- After that, it can be expected that the big fall will start at the same time as the global...
According to the previous analysis, Bitcoin reached the range of $70,000. (With the difference that he omitted the first short wave.)
It can now move towards the $62,000 target and have another bullish wave before a heavier fall, with a slight possibility of crossing the ceiling (orange scenario).
The ultimate goal of this analysis is for Bitcoin to fall to the...
Bitcoin in the short and medium term:
According to the previous analysis, Bitcoin stopped at $56,500 before reaching $52,000 on May 1st, and the second wave of the previous analysis has started from this point.
This analysis shows the continuation of the path in more detail. Based on this analysis, this week we will see the price of Bitcoin drop to $58,000 and...
Bitcoin in short term:
After the fourth halving, I think that the bitcoin will first drop to the $51,000 range
and then grow to near the previous ceiling.
Next, Bitcoin will be bearish for several months.
@JalilRafieefard
April 20, 2024
