Where Can Bitcoin Go? Part 8 –(Major Chart Update')

kelmarin

First of all guys – I made the video! 🎥🔥 Watch the full breakdown before diving into the details below.
It explains everything visually, level by level. Don't miss it.

Now let’s get into the core of the analysis...

🚀📊 Where Can Bitcoin Go? Part 8 – The Final Test is Near! 🔥🔍

Welcome to Part 8 of “Where Can Bitcoin Go?” – the update of this long-running series. Since mid-2023, not much has changed in the structure. That’s the power of solid technical analysis – levels don’t lie.

🟨 The Setup
Bitcoin is now approaching a third test of a major structural resistance. If you’ve followed my 1-2-3 strategy, you know this is where decisions are made:

✅ Test 1: Rejection

✅ Test 2: Rejection

⏳ Test 3: Now pending… the TERMINAL and DECISIVE 'Breakout or Rejection', and this will change everything.

But here’s the deeper layer:
We’re not just testing one sequence. We now have two separate sets of 1-2 rejections —
🔹 One set from 2021 (the Red 1 and 2)
🔹 And a recent one in 2025 (the white 1 and 2)
This upcoming test is the third rejection attempt on both timeframes, making it a rare and extremely significant technical moment.

📐 Price is now near a critical ascending trendline around $115K–$116K, which has been the gatekeeper to parabolic moves in previous cycles.

🔄 Based on historical halving cycles:

548 days post-halving in 2016 → ATH 2017

565 days post-halving in 2020 → ATH 2021

Halving #4 was in April 2024 → 👀 Could this point to a new ATH by end of 2025?

📊 Probabilities

🔹 83% chance we see the third test before year-end

🔹 57% chance of breakout

🔻 43% chance of rejection

⚠️ And here’s the reality check:
If we see that breakout — the market unleashes itself. We’re talking major pumps, potential follow-through moves, and price discovery into untouched zones like $188K, $197K, and beyond.

But... if we get rejected, it won’t be pretty. We could retest major levels like $66K or worse, and lose momentum that took years to build.

And unfortunately — this isn’t like 18K, or 40K, or even the 79K retest.
Things are much more complicated now.
The sentiment, the structure, the risk profile — they’ve all evolved. We cannot afford to have the same blind bullishness we had in those earlier phases. This is a mature part of the cycle, and it demands discipline over emotion.

💬 What’s your take?

Will Bitcoin finally break through?

Is this just another fakeout in disguise?

Are you feeling this same tension in the market?

Let’s talk structure. Let’s talk price. Let’s talk reality.

One Love,
The FXPROFESSOR 💙

Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈

semalam

Dagangan aktif

update and breakout, we are getting closer and closer to judgement level