Technical analysis by benjihyam about Symbol BTC on 4/23/2025
https://sahmeto.com/message/3444540

benjihyam
Rank: 2376
Analytical Power:
2.2

Here's a chart of my cycle projection of bitcoin. I think it's likely that we find support in the $62k region over the next couple of weeks and then continue the bull run up to $129k-$137k.In terms of gains from here, I think BTC is only a ~2x, however, I think we're going to see our biggest altcoin run since bitcoin's inception.After we hit the top $134k-160k, I think we'll make a very large correction back down to the $20-30k region (supports on the chart) before the next long term cycle begins.This is the final wave of the first cycle of bitcoin.Lots of money to be made.Made a mistake and two minutes past the ability to edit. Meant to say **then continue the bull run up to $134k-$160k.
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Signal Type: Neutral
Time Frame:
1 weekPrice at Publish Time:
$92,216.42