$BTC Bitcoin is going exactly as expected.Holded the mentioned level of 67.5k on daily and heading towards ath level.Might face some resistance at local supply zone of 71.1k.We might see it retracing a bit from here or from ath zone of 73k-73.7k till 67.5k level.We will try to keep updating on every possible situation. Trade Safe !!!
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Continuous exponential growth for BTC is unrealistic, as it would lead to extremely high prices by 2025.
Halvings cause supply shocks followed by rallies, creating growth cycles. My estimate for BTC's long-term goal by 2025 is around $150K to $180K, with minimal increase afterward, reaching an asymptotic price.
Important Points:
2016 bull run: BTC took 303 days after breaking its previous ATH to reach $19,666.
2020 bull run: BTC took 337 days after breaking its previous ATH to reach $69,000.
2024 bull run: BTC broke its previous ATH in 500 days and is now retesting it. Based on historical patterns, a 303-337 day bull run may follow.
BTC.D Bitcoin dominance broken down off strong zone and moved towards local demand zone of 53.89%.Now it's bouncing off from the local demand zone and heading towards 55.27% zone yet again.We might see it retracing from the zone of 55.27%.Meanwhile we might continue to see slow movement in alts till it starts to retrace.Be patience and wait for the right time to print money with Me (TG- @Queenbee_00)
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Just wait for few days you will see your self. Last year exactly market reacts positive vibe after our alerts, and I am feeling same bullish vibe and alts bull season will start from in few days, if you're thinking same then hit LIKE ❤