Goldenbreakout

BTC : CYCLE VIEW 2025 - $119,000

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Using a comprehensive analysis of BTC's historical data from all years, including its halvings, and sophisticated trend analysis techniques, as we have stumbled upon a fascinating observation in its price action. While we must acknowledge that our findings are based on data study and not a glimpse into the future, we are cautiously optimistic about the potential for BTC's growth.

Our study suggests that, with the current trajectory, BTC could potentially reach the impressive target of $119,000 sometime around the year 2025, or possibly even earlier. However, it is essential to emphasize that this remains an expectation rather than a certainty, as the future is inherently uncertain, and various unforeseen factors can influence market dynamics.

Yet, drawing from the patterns observed in previous years' data, there is a significant possibility that BTC might soon experience a formidable bull market, akin to a real whale in the financial world. Such a surge in price action could gradually propel BTC towards the mentioned target, assuming historical trends continue to play a role in shaping its trajectory.

For the short term, there is already an active cycle that started in NOV 2022 and did confirm today.

We expect with time we will see more volume on BTC.
The YEAR 2023 is a stable year where BTC has done better than all previous years in
breakdown %/ The next important target short term for BTC $32800


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.