Based on technical analysis and macro signals, two experts Timothy Peterson and Mags have made optimistic predictions about Bitcoin's price increase, aiming to fluctuate between 150,000 and 200,000 USD in the next 100 days.
💫 Prediction by Timothy Peterson:
- He points out that Bitcoin is replicating a similar bullish pattern as the strong recovery phase of the US stock market, particularly the Nasdaq index after the peak VIX volatility.
- Based on the correlation between Bitcoin and Nasdaq, he estimates that Bitcoin could increase by at least 50% in the next 100 trading sessions.
💫 Expert Analysis by Mags:
- Mr. Mags has applied the Fibonacci model to identify potential resistance levels for Bitcoin.
- According to him, the previous cycle peak occurred at the 3.618 Fib level, and currently, Bitcoin is showing similar signs.
- Currently, Bitcoin has not yet surpassed the 1.618 Fib level. The next resistance level is at 154,522 USD (2.618 Fib) and if surpassed, the next target will be around 207,701 USD (3.618 Fib).
💥 Bright Scenario:
- Even in the least optimistic scenario, both experts agree that Bitcoin could still reach the level of 154,000 USD.
- In the positive scenario, the prediction suggests that the price could reach 200,000 USD within the next three months.
✅ Summary:
The consensus between technical analysis and macro signals is bringing hope for a historic price increase of Bitcoin in the near future. These predictions will attract interest from both individual and institutional investors in the context of the cryptocurrency market showing positive signals.