I noticed a trend that kept repeating in every cycle with high accuracy.
There seems to be a support trend-line during bull markets, and if we extend this line to the next cycle, it always predicts where Bitcoin will top (By the end of the cycle).
Assuming this cycle ends in November 2025, Bitcoin peak between $250,000 and $270.000.
I also acknowledge that the Bitcoin ETFs might affect this trend and Bitcoin could top at a much higher price level.
There seems to be a support trend-line during bull markets, and if we extend this line to the next cycle, it always predicts where Bitcoin will top (By the end of the cycle).
Assuming this cycle ends in November 2025, Bitcoin peak between $250,000 and $270.000.
I also acknowledge that the Bitcoin ETFs might affect this trend and Bitcoin could top at a much higher price level.
Comment:
I noticed that my alignment was not perfect and unfortunately I can't edit or delete the chart. My target price is going to be between $270k and $300k.