Hi Guys,
In the previous post (you can find hier), we got acquainted with Altcoin and the importance of Altcoin Season and now we can see how the Bitcoin price changes.
🔥🔥🔥🔥🔥🔥🔥💰💰💰💰💰💰💰💻💻💻💻💻💻🚀🚀🚀🚀🚀
What is the forcast for the next years?🚀
It is important to point out taht I don't hold Bitcoin, but I'm impressed by what it produces. Therefore, I have read many analyzes and articles about bitcoin. And what are most of the analyses and forecast about? Let's see it.
In a short period, a monthly chart shows that each candle represents a month and shows important support and resistance zones such as the green zones at 41.000$ and 51.700$. And shows that investors have bought Bitcoin at a higher price over time and indicating good development for Bitcoin.
Taking a longer view and based on Bitcoin historical prices movements and BTC halving cycles, the yearly low price prediction for $BTC in 2025 is estimated at 60.000$.
Meanwhile some "visionary" predicted to the price of Bitcoin to reach 150.000$ next year. And I found some predictions for each year up until 2030.
And I think, more important tool for price analysis is a Bitcoin rainbow chart. You can find it a blockchaincenter.net and this chart is a long term valuation tool for Bitcoin. It uses a logarithmic growth curve to forecast the potential future price direction of Bitcoin.
What does prof trader say?💻💰
For example, Doctor Profit forecast is based on technical analysis, life cycle assessment and psychological analysis. He stated that a break above 48.500$ will take the price to the old ATH very quickly. He pointed out that the breakout, which took Bitcoin to exactly 60.000$ as predicted weeks earlier, marks the beginning of the "Golden Bull Phase". According to the analyst, any move between 48.500$ and 70.000$ is currently a gold bull market.
So, according to this informations what is your prediction? Thanks for sharing with me.
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Disclaimer: The information in this article is meant to serve as general information and should not be construed as investment advice.
