Bitcoin's high in this cycle will be between $122K and $133K, and we are already close to it. This high is expected to occur in mid-2025. Over the next six months, we will experience a big altseason, and valuable altcoins will grow by more than 3x. After that, we will enter a bear market, and Bitcoin's price will gradually decline, reaching its bottom of around...
Entry: $25600
Stop: Daily close below $24600
Target: $32000
Reasons:
#0: Go against Binance.us FUD
#1: Static support area in ~25k (the previously broken resistance zone)
#2: 50% retracement level from the banking crisis to the 31k high
#3: The last chance to return the lagging span (momentum) above the cloud
#4: Potential falling wedge pattern
#5: Potential...
