🌈#Bitcoin Rainbow Chart 2024-2025 The Essentials

Bitcoin is currently in the yellow-orange zone ("Still heap" > "HOLD") indicating U recovery phase after the bear market. Key Points

Post-2024 Halving: Reduced $BTC issuance could trigger a new bull cycle. - ETFs and Institutions: ETF approval in the U.S. may open the door for large-scale capital inflows.

Price Scenarios:

Optimistic: $80,000-$150,000 by 2025 (bubble territory).

- Realistic: $70,000-$120,000 in 2024 (steady growth).

- Pessimistic: Below $70,000 if macro conditions worsen.

Key Influencing Factors

Regulation (SEC actions, lawsuits) ⁃ Inflation and Fed interest rates.

- Tech development (Lightning Network, Layer 2 solutions)

Conclusion

Now is a good time to accumulate. The halving, potential ETFs, and improving market conditions could drive strong growth by late 2025- but keep an eye on regulatory and macro risks.

Which scenario seems most likely? Share your thoughts đŸ€”