Long

Updated

[Bitcoin] next ATH: $82K

Unlike the previous cycle, I expect a new bullish cycle with a single peak.

This is the result of a predictive model that I have been using successfully for several months (see my previous analyzes in TradingView).

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Update:

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Target 3 around 48K:

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I expect a bearish retracement in the coming weeks.

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Next target around 38K.

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Next target around 38K.

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The bullish reversal pattern on Bitcoin is still under construction, it should logically take the form of a double bottom which will be clearly visible in TF 1h and 4h, with the possibility of a low point around $38,300.

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Finally it seems that Bitcoin decided to make a V bottom instead of a double bottom.

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iSHS

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There is a 70% probability of a throwback in the coming days...

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Now that Bitcoin has surpassed 50K, I'm hearing more and more crypto influencers and well-known personalities on YT talking about a "Bitcoin super cycle" with a target of several hundred thousand dollars in 2025...

Actually, yes and no! Yes because my #Bitcoin model validates the start of a super cycle and no because this super cycle begins with a first wave which will not exceed 100K and which will drop towards the major pivot zone of 31K before a rise of several years.

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I expect a drop in the next few days.

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Caution, a vertical rise often ends in a strong dump.

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Bitcoin is currently making a last bullish push before a sharp correction.

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I expect a drop next week.

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The buying fever is stronger than anything, I'm now convinced that BTC will go to 82K without making a major correction.

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The correction seen over the last few days is in fact the start of a major drop, so take your profits or set SL orders.

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Bitcoin_Weather

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