falconlinefutures
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falconlinefutures
Many people think that Bitcoin has completed its bull run and made its first peak. However, I disagree with this view. In my opinion, Bitcoin is still making its last correction before reaching its peak. So, it's still a while before we reach the peak. The January 2021 correction and the February 2025 correction are very similar. After that, Bitcoin will reach the first of the double top and reach its true ATH. In this process, altcoins can accompany Bitcoin and make serious gains. I predict that the last ATH will reach a value between $135,000 and $165,000 and the price will correct at least 50% from there to form the second peak. However, while Bitcoin is heading towards the second peak, it is hard to say that altcoins will be able to accompany it. If we are not at the last pre-peak high as I mentioned earlier, and in fact the peak was seen around $109,000, then all altcoin investors will be very disappointed. Because they will have been ripped off. This is not Financial Advice This idea is arrived at by examining past cycles. It is worth remembering that this cycle of Bitcoin is unique!!!
falconlinefutures
Bitcoin is moving within an ascending channel. The lower band of the channel is being tested severely. If the price maintains its upward trend, it is highly likely to rise above $100,000. If the price shows weakness here, declines may deepen to $38,000. Will the Bulls or the Bears win? I am a bull.
falconlinefutures
Yes, it certainly seems impossible for this to happen one-to-one. I just wanted to share it as an idea.
falconlinefutures
Is it the last drop before the halving? Or is it the beginning of the decline? Preparation for a new ATH? Many dynamics will change in the next week.
falconlinefutures
Over the last 2373 Days, bitcoin has experienced volatility between $1830 and $69,000. During this period, bitcoin closed with a green candle 4 times for 7 consecutive weeks. This week, it will repeats the record by closing green candle for the 5th time in 7 consecutive weeks. In the cycle I mentioned, the green candle could not close for 8 weeks. After the 7th week, it entered the accumulation process between 2 and 12 weeks. During this period, there were decreases of up to 25%. Afterwards, bitcoin came back stronger. I wonder so much. Will we see the 8th green candle next week? When I saw this I wanted to share it.
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