📈 Analyst predicts Bitcoin growth to $120,000 in the coming weeks
🅱️ Crypto analyst Ted Pillows believes that Bitcoin is finishing its accumulation phase according to the Wyckoff model and is ready for a powerful rally.
According to his estimates, Trump's delayed tariff war will give the markets a breather and create conditions for the influx of liquidity into risk assets, including BTC.
📊 BTC/M2 — an indicator reflecting the ratio of Bitcoin to the money supply — is nearing the end of its accumulation phase. This signals that large players are already buying up assets before the new growth.
📊 Last weekend, Bitcoin sharply declined but quickly recovered, which, according to Pillows, resembles the "spring" phase of the Wyckoff model — the last stop before growth.
➡️ According to the analyst's forecast, the next target is $120,000–$125,000.
📈 Trading on ByBit 🤖 Trading on Dragonfly 📱 YouTube
📱 TikTok 📱 Instagram