Lorenz_Capital

Bitcoin Weekly Chart - Jan 2024 | One Last Flush Before New ATH

Long
GEMINI:BTCUSD   Bitcoin
It looks like the weekly chart is showing a hard rejection off of the 61.8% fibonacci retracement level. I do believe we will likely see a pull-back into the 36K level before pushing towards previous all-time highs by the end of 2024. I think 2025 will kick of extremely bullish as we have seen in past cycles, with the exit strategy planned for Q3 2025 around the $150K mark USD.

best of luck, hit thumbs up.

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