Bitcoin (BTCUSD) took a hit overnight following the Israel attack on Iran and at the moment the consequences of that action can't be quantified in great detail but on the long-term the bullish trend seems intact.

In fact it remains below the historic Pivot Growth Curve (PGC) that has separated BTC's peak pattern (green Arcs) from bottom and accumulation (red Arcs), and could be tested by next month.

Once broken, the real rally towards the Cycle's peak can start, with most previous studies we conducted showing that $150000 is a fair (if not modest) estimate.

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