ThawonP

BTC LONGTERM TARGET $250K

Long
BITSTAMP:BTCUSD   Bitcoin
+Good morning traders to day I want to present to you something I found while looking at the log weekly.

+Many know that every 4 years there is a big event in the crypto space called the Bitcoin Halving and if you are looking for more information on the Bitcoin halving I recommend you check out the link in the comment section.

+Our most recent halving was in May 2020 and we haven't even reached a year into this halving and Coin has nearly Doubled its ATH

+In the 2017 Halving Coin hit almost 20K and in the 2012 halving Coin peaked around the 1k range.

+Needless to say every halving peak seems to be increasing and increasing

+That is why I think BTC will be around the $250K range during this halving peak.

+I want everyone to keep in mind this is just my prediction I drew a Rising Channel on the weekly timeframe so we will see pullbacks along the way like how we are seeing now.

+Invest safe and make sure you look into the fundamentals ive been bullish on BTC longterm ever since I learned about it and my pov still hasn't changed

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