Bitcoin
Updated

Bitcoin Estimate (68% likely)

690
This estimate is based on the information observed in October 2021, priced at $54,000.

T1 - $78,000 to $83,000
T2 - $118,000 to $124,000

Bull market finalizes by the end of 2022, and a 4-year bear market starts.

Bear market target potentials: $7,400 or $2,200 - $2,800.

Charting Method: Hawk Liquidation Theory

Note
Everything is still moving according to plan, the bull market target is around 118k-130k by Q4 2022 / Q1 2023.

The active bear market target is $7,400 - $7,800 that should hit in the second half of 2026.

Do note that we will most likely see a bull trap in 2024 with the halving. Projecting a bounce from 17k to 34k, before hitting the bear market target.

snapshot
Note
Updates continuing here:
Bitcoin Market State - June 2022

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