Hello Traders,
Please examine the two interconnected posts below:
Bitcoin recently reached its peak, and as predicted, a bearish move has ensued. (Click on the picture)
Last year, I forecasted a bullish move. (Click on the picture)
Observing the price fluctuation between 9k and 16k, these charts and posts are connected to both movements. While I anticipate more upward moves in the future, the ultimate target is a question mark.
In the first scenario, projecting around +575% from the bottom and the middle of the channel, this is expected to occur by Jan 2026. The price would then initiate a descent, reaching and reversing from around 20K, roughly between Nov 2026 and Dec 2026.
The second scenario involves the top of the channel, where the channel's weight outweighs the series number. The final take profit (TP) is estimated to be around 360,000.
In the number-series scenario, factoring in a return to relative seasonal influences, the TP would be approximately 2,500,000, aligning with the top of the channel parallel to the current one.
If I were to pick a scenario, I'd lean towards the +575% projection, signifying a TP of 110,000! (This is my main prediction)
While this analysis does not account for external factors such as wars, peace, pandemics, and other market-affecting issues, I'd love to hear your predictions.
Share your insights!
Please examine the two interconnected posts below:
Bitcoin recently reached its peak, and as predicted, a bearish move has ensued. (Click on the picture)
Last year, I forecasted a bullish move. (Click on the picture)
Observing the price fluctuation between 9k and 16k, these charts and posts are connected to both movements. While I anticipate more upward moves in the future, the ultimate target is a question mark.
In the first scenario, projecting around +575% from the bottom and the middle of the channel, this is expected to occur by Jan 2026. The price would then initiate a descent, reaching and reversing from around 20K, roughly between Nov 2026 and Dec 2026.
The second scenario involves the top of the channel, where the channel's weight outweighs the series number. The final take profit (TP) is estimated to be around 360,000.
In the number-series scenario, factoring in a return to relative seasonal influences, the TP would be approximately 2,500,000, aligning with the top of the channel parallel to the current one.
If I were to pick a scenario, I'd lean towards the +575% projection, signifying a TP of 110,000! (This is my main prediction)
While this analysis does not account for external factors such as wars, peace, pandemics, and other market-affecting issues, I'd love to hear your predictions.
Share your insights!
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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.
Related publications
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.