Price targets with time and peaks Feb 24 - Sep 24 beginning of new Trend Cycle Feb 2025 around $7K Mar-April 2025 around $11K Sep 2025 topping around FWB:13K - FWB:14K Last Top breakout appx Dec 24
I believe we are in mid cycle. I dont believe in close below 20K. I believe in ATH after breaking that yellow trendline. ATH i see at 330k. 100K before january
I assume if not final bottom than a correction to strong/fib levels at 47 better 50k
We have nice bullish pattern 1h-1D. Strong orderbook All indicators oversold. BTC accumulated There might be 1-5K leg swing down and randge within 1-5 days. But We are bottoming here to 56K at least Hope we deal with 1 Trill market level around 54K ok
We might have nice long pattern inverted H&S, and a confirmation close above 57k
This could be at least local bottom, but I see buyers on orderbook also. So triple long. But be ready go a one more leg down. We better close W1 above 52K to make a nice TA W1 bullish bounce
I see 1-2 down movement legs to 55-54K PROS for 54K : CME gap, Channel/triagle, dayly support level , 618 Fib, inverted H&S, cooling for indicators and funding rate. After that I see 59-60K and the breakout with the goals I mentioned earlier.
Same pattern like from 30s. Btw also with Elon news. TP1 = 64.5 TP2 = 68K TP3 = 73K TP4 = 83K
If we have range above 48K then it`s good to close above 50MA h4 and 50K to get to 55 then overhigh. If we break 48K range I expect we bounce from 47K to 50K. I dont believe we test 42k cause we have too many buyers there , it`s was extremely strong level and many tried not to miss the bottom thus make us reverse at 43K But I do believe we might test 45 again...