coleperris55
@t_coleperris55
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coleperris55
Based on trend continuation that began in 2017, we can expect a Bitcoin top between $118,000 - $125,000. Based on previous halvings and ATH cycle tops, Bitcoin typically reaches its highest price 12 - 18 months after the halving. That would put this cycle ATH date between April 2025 and October 2025. Feedback appreciated! If you have a different price target, please share in the comments!
coleperris55
coleperris55
Expecting a breakout soon. Double bottom just happened on daily chart. Expecting continuation pattern. Top of wedge I expect to see ~$74K Breakout expected and $104k price target end of June - Early July. Just my personal opinion. Not financial advice. I can’t tell the future.
coleperris55
Cup and handle pattern forming. Price heading towards $47,500 around January 15. Expecting to text the 100 day EMA at $50,446 around the 22nd of January. Not financial advice, just my thoughts.
coleperris55
Will Bitcoin continue to follow the pattern? Possible drop to around the $30k area and then a run up to ~$70k+ I think it will happen faster that my timeline is drawn out. Hoping we don’t drop and that we rise higher to $100k+ Not financial advice. I’m just following the pattern. Trade at your own risk.
coleperris55
Should see a test and hopefully a move above $50K. We are at the bottom of the trend line so should see a move up. Rising wedge currently on 15 min chart. Bearish short term. I expect a drop to the square area and then a bounce. Not financial advice! Goodluck
coleperris55
Weekly time frame. A few weeks before we break out of this wedge. $100k up or $11.5K down We will see. Not financaial advice! Goodluck!
coleperris55
We will know no later than Christmas Eve which way we will go! If we break up, we should see $57k If we break down, we should see $36k Goodluck to all and Merry Christmas! Not financial advice!
coleperris55
Ascending Wedge Currently at the end of Wave 4 We should see either a breakout or breakdown during Wave 5 If we breakout, price target is $120k-$125k If we break down, price target is $25k-$30k Considering the direction of Wave 5, I would assume we will breakout. The only way that I see this not happening is if Wave 4 breaks down from the wedge. I see the top of the market in Mid-January to Late February. Not financial advice! Happy Trading!
coleperris55
Ascending wedge (Bearish). Below MA ribbons. Price target in the short term is between $43K-$47K. Just have to see how this plays out. Goodluck to all! Not financial advice!
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