BitcoinPanjang
Where is Bitcoin and why will hit $200.000 soon
🟢 Where is Bitcoin and why will hit $200.000
In the chart, you can see all halvings marked by blue vertical lines. The analysis is as simple but strong.
After each halving, there is a bull period of 1 to 1.5 years. The last halving was in April 2024, so the maximum price should be reached in April 2025 or during the summer of 2025.
Taking a step back to see the broader perspective can provide valuable insights into our investment strategies and help us make informed decisions about when to enter or exit the market. It's all about understanding the long-term trends and aligning our actions with our financial goals.
✅ What pattern is unfolding inBTCUSD?
The price is starting to form a wedge pattern, which is usually a negative signal for any bull trend. However, there is still plenty of room for this pattern to evolve.
For now, the resistance zone is around $200,000 for the summer of 2025, which would mean a market capitalization of $4 trillion.
This is substantial but still far less than the market capitalization of gold.
✴️ Do you want me to analyze any market? Just comment below which market you want!!
ENJOY AND FOLLOW for more 😊
In the chart, you can see all halvings marked by blue vertical lines. The analysis is as simple but strong.
After each halving, there is a bull period of 1 to 1.5 years. The last halving was in April 2024, so the maximum price should be reached in April 2025 or during the summer of 2025.
Taking a step back to see the broader perspective can provide valuable insights into our investment strategies and help us make informed decisions about when to enter or exit the market. It's all about understanding the long-term trends and aligning our actions with our financial goals.
✅ What pattern is unfolding in
BTCUSD?The price is starting to form a wedge pattern, which is usually a negative signal for any bull trend. However, there is still plenty of room for this pattern to evolve.
For now, the resistance zone is around $200,000 for the summer of 2025, which would mean a market capitalization of $4 trillion.
This is substantial but still far less than the market capitalization of gold.
✴️ Do you want me to analyze any market? Just comment below which market you want!!
ENJOY AND FOLLOW for more 😊
Penafian
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