I'm surprised that when I gave a clear cut and sharp analysis on Bitcoin crashing. Nobody gave a shit and this post only got 500 views.
people are just hungry for positive news.
Indraa Trader
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Will BTC Follow Its Historic Pattern to Reach a New All-Time High? My Perspective.
Bitcoin (BTC) has a history of surprising both bulls and bears with its price movements. Analyzing its historic patterns, we observe that BTC tends to undergo large upward impulses followed by sharp corrections. This cyclical behavior has been evident since 2021, where BTC hit its $65,000 ATH before a bear market correction drove it down to around $15,500.
Fast forward to mid-2023 to early 2025, and BTC's current cycle mirrors previous trends. After bottoming out in late 2022, BTC rallied back, forming a structure that suggests it may be on its way to a new ATH. Currently trading around $105,000, it’s approaching key psychological resistance near $110,000.
Next ATH? The $120,000+ Target
Historically, BTC tends to make impulsive moves toward new highs once it breaks past its previous ATH ($69,000). The current bullish momentum hints that BTC may reach the $120,000 to $130,000 zone as its next potential ATH. However, history also suggests that sharp corrections often follow major ATHs. A pullback to the $80,000 - $70,000 range could be possible before BTC continues its long-term uptrend.
Bullish Scenario: Should BTC break past $110,000, we could see a rapid move toward $120,000 or beyond, potentially reaching as high as $130,000.
Bearish Scenario: After hitting a new ATH, BTC may experience a correction, revisiting key support levels, as has happened after previous rallies.
Will History Repeat?
If BTC follows its historic cycle, it’s poised for a major move to the upside. The current pattern suggests a push into six-figure territory before a possible correction. However, market conditions and external factors could influence its path.
In conclusion, BTC seems to be aiming for the $120,000 region, but as always, surprises may lie ahead.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#BTCNextATH $BTC
Bitcoin (BTC) has a history of surprising both bulls and bears with its price movements. Analyzing its historic patterns, we observe that BTC tends to undergo large upward impulses followed by sharp corrections. This cyclical behavior has been evident since 2021, where BTC hit its $65,000 ATH before a bear market correction drove it down to around $15,500.
Fast forward to mid-2023 to early 2025, and BTC's current cycle mirrors previous trends. After bottoming out in late 2022, BTC rallied back, forming a structure that suggests it may be on its way to a new ATH. Currently trading around $105,000, it’s approaching key psychological resistance near $110,000.
Next ATH? The $120,000+ Target
Historically, BTC tends to make impulsive moves toward new highs once it breaks past its previous ATH ($69,000). The current bullish momentum hints that BTC may reach the $120,000 to $130,000 zone as its next potential ATH. However, history also suggests that sharp corrections often follow major ATHs. A pullback to the $80,000 - $70,000 range could be possible before BTC continues its long-term uptrend.
Bullish Scenario: Should BTC break past $110,000, we could see a rapid move toward $120,000 or beyond, potentially reaching as high as $130,000.
Bearish Scenario: After hitting a new ATH, BTC may experience a correction, revisiting key support levels, as has happened after previous rallies.
Will History Repeat?
If BTC follows its historic cycle, it’s poised for a major move to the upside. The current pattern suggests a push into six-figure territory before a possible correction. However, market conditions and external factors could influence its path.
In conclusion, BTC seems to be aiming for the $120,000 region, but as always, surprises may lie ahead.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#BTCNextATH $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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