My prediction: Next action will be a dip to $60170 Then alt season while Bitcoin stabilizes leading up to the halving and for a few weeks after. This summer Bitcoin will hit $87140 Then the target of $118,000 by year end Looks like $184,000 in first half of 2025.
The 0.618 of the fib speed resistance fan is huge support for BTC. A bounce from this price area would also be a double-bottom at the .382 of the trend-based fib extension. If it bounces here, Bitcoin will retest the 0.618 of the trend-based fib extension. The blue line is just my guesstimate based on the fibs, trendlines, and current positive momentum towards...
Notice the fib speed resistance fan which is established by the low of the previous cycle and high of the next cycle. Sometimes price action will respond to these and sometimes it does not. In this case BTC:USDT has reacted to the fan often and so the price could be headed for the .618 line again. It would find huge support there. I've also added a trend-based...
Chart says it all. Good luck!
Potential path for BITCOIN to continue its uptrend.
Did I make this right? any feedback appreciated!