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Bullish
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Bitcoin’s JAN-FEB Pattern
Every JAN-FEB for the past 2 years = BULLISH
History is repeating.
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#BTC走势分析
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Bitcoin Price Could Reach $500,000 in the Long Run🚀 Jeff Kendrick, Head of Crypto Research and Currency Strategy, said in a note that Bitcoin could rise to $500,000 in the long term if investor access improves and volatility decreases. Standard Chartered expects Bitcoin to rise to $200,000 by the end of 2025, $300,000 by the end of 2026, $400,000 by the end of 2027, and $500,000 by the end of 2028. It was last traded 1.6% higher at $98,241. Jeff previously predicted that Bitcoin would reach $125,000 by the end of 2024, and it actually reached $108,000, so we can say his prediction has some merit. However, regarding the annual predictions, do you think there will be a radical change in Bitcoin's life cycle? $BTC #BTC☀ #bitcoin #BTC走势分析 #bitcoin500k $BTC
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NEW: 🇺🇸 BlackRock's spot Bitcoin ETF bought 3,047 bitcoin today, while miners only mined 450 new bitcoin. Absolute. Scarcity. $BTC #BTC☀ #bitcoin #BlackRock
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BREAKING: 🇨🇿 Czech National Bank governor says #Bitcoin “has zero correlation to bonds and is an interesting asset for a large portfolio.” “Worth considering.” #BTC☀ #bitcoin #bitcoinupdates $BTC
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💎Bitcoin May Be 'Double Topping' for a Price Slide to $79K BTC looks to be forming a double top bearish reversal pattern on the daily chart. What to know: * BTC has put in twin peaks at around $108,000 recently, hinting at a double top bearish reversal pattern. * A move below the double top neckline would confirm the trend change. Bitcoin (BTC) may drop to $75,000 should it trigger a so-called 'double top' bearish reversal pattern. A double top comprises two consecutive peaks at approximately the same price, with a trendline drawn through the low point between these peaks. The failure to break above the previous peak, followed by a subsequent decline, suggests that the uptrend is losing momentum. So, an eventual breakdown of the horizontal trendline support, the double top neckline, is said to confirm a bullish-to-bearish trend change. BTC has pulled back to $100,000 at the time of writing, having failed to maintain a foothold above the December high last week. In other words, BTC looks to have formed a double top, with neckline support positioned around $91,300. A UTC close below the neckline level would confirm the bearish reversal pattern, potentially triggering a decline to $79,000. This target is calculated using the measured move method, subtracting the gap between the twin peaks and the neckline from the neckline level. Quoted from Coindex platform even though we changed the bottom to 79k instead of 75k as according to our analysis. $BTC #BTC走势分析 #btc70k #BitcoinDunyamiz #Bitcoin❗ #Market_Update
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