The Countdown to $107K: $BTC's Bullish Continuation Signal NearsA strong monthly signal on CRYPTOCAP:BTC is approaching, almost ready to trigger one of the most significant signals since the low in November 2023.
This signal is a continuation of the current uptrend.
If CRYPTOCAP:BTC reaches $85K before December, it will confirm the breakout from the current consolidation phase. From there, we could potentially see $107K and $188K by July 2025.
Many haven’t noticed, but there’s hidden strength in the trimester bars as well. Overall, I don’t see anything bearish in the current momentum. $107K no longer seems like a distant target, but we still need to see higher highs on the monthly chart for further validation of the signal.
There’s a small chance CRYPTOCAP:BTC could exceed $200K, but that would likely require the trimester signal to kick in from the $60K consolidation phase. While it's not my primary expectation, it's worth noting as a possibility.
Also, prices below $60K seem unlikely at this point—at least not until this bull run is over. Don’t expect to see any dips below $70K during retracements (and even that would be generous).
-------------
Previous post for reference:
