I believe that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot continue to grow exponentially; this would lead to insane prices of many millions in 2025. While I am a long-term Bitcoin bull, one has to remain realistic.
The cause of these growth cycles is the halvings, which lead to a supply shock followed by a subsequent rally—every time. These are all guesstimates, of course, but I think this chart is realistic.
The long-term goal for BTC in 2025 is around 150K to 180K USD, in my opinion. It won't go much higher afterward and can be seen as the final asymptotic price.
Important Things to Note
- During the 2016 bull run, after breaking its previous ATH, BTC had a 303-day bull run and reached a new ATH of $19,666. - During the 2020 bull run, after breaking its previous ATH, BTC had a 337-day bull run and reached a new ATH of $69,000. - In the 2024 bull run, BTC broke its previous ATH in just 500 days, which was not expected. The current situation is that BTC broke out of its previous ATH and is currently retesting it. Based on historical data, we can expect a bull run lasting between 303 and 337 days.
I hope this chart helps people understand the long-term growth dynamics of BTC. This idea is presented in a probabilistic manner.
Bitcoin is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to increase the probability of success in your trades.
From a technical perspective, Bitcoin has been moving in the ascending parallel channel, so you can definitely take advantage of that and buy/sell Bitcoin at the upward sloping trendlines! With TradingView, you can set an alert, and when it hits, you will get notified.
What are the resistances on the way up? As I mentioned, the upward-sloping trendline of the parallel ascending channel is the first one. The second one is the FAIR VALUE GAP (FVGAP) which was created in April 2024. Usually, the start of the GAP and the end of the GAP are strong levels by themselves. You can use these levels for your short-term trades with leverage. These resistances Bitcoin needs to break before a continuation to a new all-time high; I don't see any other significant levels worth mentioning. Always choose the strongest levels to increase the probability of success.
I am bullish on Bitcoin, and I believe we will see prices above 100k in Q3/Q4 2024. Let me know in the comment section - are you still waiting for a big crash to buy the dip? Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Bitcoin is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to increase the probability of success in your trades.
From a technical perspective, Bitcoin has been moving in the ascending parallel channel, so you can definitely take advantage of that and buy/sell Bitcoin at the upward sloping trendlines! With Trading View, you can set an alert, and when it hits, you will get notified.
What are the resistances on the way up? As I mentioned, the upward-sloping trendline of the parallel ascending channel is the first one. The second one is the FAIR VALUE GAP (FVGAP) which was created in April 2024. Usually, the start of the GAP and the end of the GAP are strong levels by themselves. You can use these levels for your short-term trades with leverage. These resistances Bitcoin needs to break before a continuation to a new all-time high; I don't see any other significant levels worth mentioning. Always choose the strongest levels to increase the probability of success.
I am bullish on Bitcoin, and I believe we will see prices above 100k in Q3/Q4 2024. Let me know in the comment section - are you still waiting for a big crash to buy the dip? Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
#NEO is moving inside a falling wedge pattern on the 4H time frame. Buy it on its support levels. In case of a breakout, the targets are: $16.31 $17.57 $19.04 $20.17 $21.56 $23.82
has formed a double top at the resistance zone, followed by a pullback to the support level. This has created a range zone, where the market is currently forming a triangle pattern. This pattern often indicates a pause before the continuation of an upward trend. The market has been forming new higher highs and higher lows following the breakout of the accumulation phase. If the price breaks through the triangle, I expect to see another impulsive move upward. In the near term, I anticipate a bounce off the support level and a trend continuation opportunity. My goal is resistance at 0.222
Bitcoin retested $70,000 from the previous $62,000 price and reached a cup position. What happens now? We now know that $80,000 will test the price. But I can say that it is too early for the price to rise. We are in no hurry, we have time. So we are looking for an entrance. Entry Target on Long: 67700$ Stop loss: 65000$ Teyk Proff 1: 72000$ Teyk Proff 2: 75000$ Teyk Proff 3: 78000$
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #CHRUSDT THE Falling Wedge Pattern Breakout Has Already Done ✅ So,I Expect a Bullish Move of 60-70% In Coming Days 🚀
Bitcoin (BTCUSD) is starting the next rally phase after the pre and post-Halving 2-month consolidation, a development that is consistent with both of its previous Cycles.
In fact, if traded around and above the Mayer Multiple Band (MMB) of 1 Standard Deviation (SD) above (gray trend-line), which is the exact same consolidation phase it had (blue ellipse) after every time the Bollinger Bands Width (BBW) bottomed (blue trend-line).
The astonishing symmetry among BTC's Cycles is evident also when using the Vortex Indicator (VI)- and the CCI both on the 2M time-frame. As you can see, every timr the VI- topped was when the CCI made hits 1st Higher Low following its own bottom. The distance between that point in time (vertical orange line) and the bottom of the BBW (vertical green line) has been around 180 days on each of the past 3 Cycles.
On the last two, Bitcoin topped within 560 - 595 days from the vertical orange line. As a result, we can expect the price to top by the week of March 17 2025 the earliest.
The most important part perhaps is that after each consolidation after the BBW bottom (blue ellipse), Bitcoin's immediate target was the MMB 3SD, which is the orange trend-line. That is currently at $125k but by the time the rally reaches it, it could be closer to $150k.
Bitcoin is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to increase the probability of success in your trades.
From a technical perspective, Bitcoin has been moving in the ascending parallel channel, so you can definitely take advantage of that and buy/sell Bitcoin at the upward sloping trendlines! With TradingView, you can set an alert, and when it hits, you will get notified.
What are the resistances on the way up? As I mentioned, the upward-sloping trendline of the parallel ascending channel is the first one. The second one is the FAIR VALUE GAP (FVGAP) which was created in April 2024. Usually, the start of the GAP and the end of the GAP are strong levels by themselves. You can use these levels for your short-term trades with leverage. These resistances Bitcoin needs to break before a continuation to a new all-time high; I don't see any other significant levels worth mentioning. Always choose the strongest levels to increase the probability of success.
I am bullish on Bitcoin, and I believe we will see prices above 100k in Q3/Q4 2024. Let me know in the comment section - are you still waiting for a big crash to buy the dip? Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
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