⛔⛔⛔ Bitcoin is expected to reach $77,000! !
In this article, I use historical data and previous trends to analyze the possible cycle peak of Bitcoin (BTC).
Let's look back to 2013. Looking at the first picture, if the fib level of the 2013 cycle peak is applied to the bear market low, we get a level of $15,000 corresponding to 2.272. In 2017, Bitcoin reached $199,000, just reaching the expected peak.
If we use the fib level of the 2017 cycle peak to calculate the bear market low, the technical target is $617,000 corresponding to 1.618. In fact, in 2021, Bitcoin rose to $64,000, once again reaching the predicted peak.
Judging from these data, the increase in each cycle is actually decreasing. If this pattern remains unchanged, the next cycle peak may be $96,000 (1.272 fib level) or $117,000 (1.414 fib level). The 1.272 fib level is critical here, so $96,000 is a reasonable prediction. But I personally prefer $117,000 in this cycle, and I expect Bitcoin to reach new highs, especially with more whales participating in the market.
The market correction is a good opportunity to enter the market. In the next two days, I will prepare some coins suitable for bottom-fishing. If you get lost, come and find the way! From now on, the expected return is more than 5-10 times by the end of the month! 666 comments to follow
