Alright folks, here’s the latest view on Bitcoin from yours truly, Lord MEDZ. Things are getting interesting — let’s break it down nice and simple.
Step A – The Pump to $167,000
Bitcoin looks ready to break out from the old highs around $109K and could rally straight up to around $167K. That would be a big move — about a 50% gain from where we are now. There's not much resistance above the old high, so this move could be fast and strong.
Step B – A Healthy Pullback to $125,000
After that run-up, I’m expecting a pullback — possibly back to around $125K. That’s about a 25% drop. Nothing scary, just a typical correction to shake out the weak hands before the next leg.
Step C – Final Move to $177,000
From there, I see Bitcoin pushing one more time to a final high around $177K. That would complete the A-B-C pattern I’m tracking on the monthly chart.
Summary
We're currently around $109K.
First target = $167K
Possible pullback = $125K
Final high = $177K
I think we’re in the early stages of a big move. The old highs are behind us. Above here? It’s clear skies.
⚠️ DISCLAIMER:
This is not financial advice. Just sharing how I see the chart. Always do your own research and manage your risk. The market doesn’t owe us anything.
Stay sharp out there.
– Lord MEDZ
Step A – The Pump to $167,000
Bitcoin looks ready to break out from the old highs around $109K and could rally straight up to around $167K. That would be a big move — about a 50% gain from where we are now. There's not much resistance above the old high, so this move could be fast and strong.
Step B – A Healthy Pullback to $125,000
After that run-up, I’m expecting a pullback — possibly back to around $125K. That’s about a 25% drop. Nothing scary, just a typical correction to shake out the weak hands before the next leg.
Step C – Final Move to $177,000
From there, I see Bitcoin pushing one more time to a final high around $177K. That would complete the A-B-C pattern I’m tracking on the monthly chart.
Summary
We're currently around $109K.
First target = $167K
Possible pullback = $125K
Final high = $177K
I think we’re in the early stages of a big move. The old highs are behind us. Above here? It’s clear skies.
⚠️ DISCLAIMER:
This is not financial advice. Just sharing how I see the chart. Always do your own research and manage your risk. The market doesn’t owe us anything.
Stay sharp out there.
– Lord MEDZ
Lord MEDZ
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.
Lord MEDZ
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.