Next Analysis & Updates
#Bitcoin is currently at $65,705. After breaking the $66k mark, as I mentioned two days ago, it is performing well according to my daily and weekly chart analysis.
Bitcoin tends to move in a zig-zag pattern, following #ElliottImpulsive Waves and corrective waves. Right now, the stable range is between $65.2k and $66.7k, with the next target being $68.5k to $69.7k.
If it surpasses $70k, it’s likely to hover around $69k-$70k before attempting to break the previous all-time high (ATH) of $73.7k. I anticipate a new ATH being established by February-March 2025, followed by a period of consolidation for about 200 days. Then, starting in September 2025, we could see the next bull run, potentially pushing Bitcoin to $220k-$280k.
However, this final target depends on the previous ATH set around March 2025. If that range is between $95k to $115k, the ultimate ATH could max out at $185k-$210k.
By February-March 2025, I expect a new ATH of $135k-$165k, setting the stage for the final ATH in 2025 to be around $220k to $280k.
Make sure to save this tweet, as I don't repeat the same information daily. And always remember to #DYOR in cryptocurrency. 🙏 This is also a #Write2Earn topic.
