Here is my BTC Chart that I trade off of. I like to predict out price projections for the upcoming bull runs. The parallel lines are the rainbow regression lines. You will also find a true regression line show as a green shadow at the bottom and a red shadow at the top which is fit "bubble" data. Finally, you will see a "Pie Cycle Top" and "Halving Cycle Profit" indicators. Since there has been a little over a month since the halving occurred, I would now like to publish my projections.
As for my prediction, I think that BTC can surpass the 100K mark with a high of 120K and a low of 80K. The blue flag indicates where I think we might see the next pie cycle top which falls in the "take profit" range based on the previous halving.
The YELLOW line going into late 2024 and early 2025 is my baseline for what I think Bitcoin might do from a price perspective. The BLUE line is best, best case scenario topping out under 200K. (For the record, I do not think BTC will reach these levels this next run, but with it's volatility, I cannot leave that the possibility out.) The RED line is the on the conservative and low end of price projects in a scenario where BTC does not reach the 100K level topping out in the low 90s.
As for my prediction, I think that BTC can surpass the 100K mark with a high of 120K and a low of 80K. The blue flag indicates where I think we might see the next pie cycle top which falls in the "take profit" range based on the previous halving.
The YELLOW line going into late 2024 and early 2025 is my baseline for what I think Bitcoin might do from a price perspective. The BLUE line is best, best case scenario topping out under 200K. (For the record, I do not think BTC will reach these levels this next run, but with it's volatility, I cannot leave that the possibility out.) The RED line is the on the conservative and low end of price projects in a scenario where BTC does not reach the 100K level topping out in the low 90s.