Bitcoin/USD rate (March 10th 2021 through April 1st 2021)
Low: $53,321
High: $85,174 - $85,688
It looks like we have about 6-8 more weeks of bullish moves left.
Next significant targets are as follows:
From current price of $56k, up to $85k, correct down to $63.3k, and then right back on path towards $122k and $188k. I believe this run could last until about April 13th/14th 2021 before the real bear market could start for a couple years. October 2021 looks like it could yield another leg of a crash.
The paths I've drawn here are just to serve as a general trajectory for what levels bitcoin could fluctuate within. I believe bitcoin can hit $80k within the month, by at least March 22nd, and then hopefully the $85k target will happen by March 26th. Bearish reaction for a few days down to $63k, and then bounce back up to new ATHs and continue on towards $120k and $188k in April. That's only if everything continues to ramp up even further, going "parabolic," etc. This could be the very last phase of the bull market, but it definitely looks like profit could come easy before we turn around.
I based this forecast off of past history and fractals in combination with where I believe the true fibonacci levels are sitting right now. With the fractal included, it brings me to expect $188k levels at the end of this run. I could be very wrong but I will still be watching closely and trying to update this as we go.
Related ideas that led to this conclusion included below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $53,321
High: $85,174 - $85,688
It looks like we have about 6-8 more weeks of bullish moves left.
Next significant targets are as follows:
From current price of $56k, up to $85k, correct down to $63.3k, and then right back on path towards $122k and $188k. I believe this run could last until about April 13th/14th 2021 before the real bear market could start for a couple years. October 2021 looks like it could yield another leg of a crash.
The paths I've drawn here are just to serve as a general trajectory for what levels bitcoin could fluctuate within. I believe bitcoin can hit $80k within the month, by at least March 22nd, and then hopefully the $85k target will happen by March 26th. Bearish reaction for a few days down to $63k, and then bounce back up to new ATHs and continue on towards $120k and $188k in April. That's only if everything continues to ramp up even further, going "parabolic," etc. This could be the very last phase of the bull market, but it definitely looks like profit could come easy before we turn around.
I based this forecast off of past history and fractals in combination with where I believe the true fibonacci levels are sitting right now. With the fractal included, it brings me to expect $188k levels at the end of this run. I could be very wrong but I will still be watching closely and trying to update this as we go.
Related ideas that led to this conclusion included below:
![Humor Me [Bullish ST Perspective] (Jan 4th through Feb 2021)](https://s3.tradingview.com/z/ziUVtSQy_big.png)
![Humor Me [Bullish LT Perspective] (Jan 4th through Apr 2021)](https://s3.tradingview.com/5/5LqhrpUT_big.png)
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
