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Technical analysis by limit_buy_69 about Symbol BTC on 1/8/2025

https://sahmeto.com/message/3362211
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limit_buy_69
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Currently as it stands bitcoin's 4th cycle printed right translation (after Nov '25), market participants now are looking for where the top is going to be year 3 of the cycle. Based off of previous cycles we'd look for a November of 2026, 4 year cycle low. The main scenarios currently being considered 1. March local top, consolidation until October blow off 2. March top, lower high in October 3. Steady climb until A 4th scenario not often talked about is a cycle inversion in 2025. If a sell off of risk assets forcing the 4 year monthly cycle to invert where we would start the new 4 year cycle in 2025.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 month
Price at Publish Time:
$94,410.82
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