Technical analysis by JMazu84 about Symbol BTC: Buy recommendation (5/14/2023)

Bitcoin and mid-term Pi Cycle Bitcoin could be winding up for its final push up to the $35K-$41K area. As you can see, in the years that follow the Pi Cycle top, bitcoin usually has a mid-term touch of the green moving average during its Reaccumalation phase. If we do see that touch this year, then i expect another correction down to lows. $15K may not be this cycle's macro low. I wouldn't be surprised to see $9K-$14k be tapped as well. however i will take it level by level with an open mind. Long term, If the cycles keep playing out, then i expect to see another ATH in 2025.