💬 Some analyst notes on BTC and the market:

(Charts in order)

1⃣The biggest profit from#Bitcoinis yet to be made.

2⃣ $108K was not the peak of Bitcoin. Those who predict a bear market said the same thing when BTC fell from $49K to $38K this year. The analyst thinks that BTC may test the $88K-$90K level again, but it will trade higher in Q1 2025.

3⃣#Bitcoincup & handle has a target of ±$140,000. The analyst thinks it will reach this target in the next 3 months.

4⃣ In 2016-2017, when Trump won the US elections, we saw a similar reset. This is due to the uncertainty before the inauguration, as investors will only officially know that Trump is in office then. Once Trump is in, the real fun will begin.

5⃣New Metric: Bitcoin Exchange Net Flow to Reserve Ratio A negative value is a signal of accumulation as users withdraw BTC from exchanges, reducing the reserve. The metric peaked at the end of the bear market, when the real smart players bought coins from panic-mongers at $17,000, and we are close to that now.

6⃣We haven't seen this level of panic selling in#Bitcoinsince 2018.

7⃣ Bitcoin Coinbase Premium Index shows selling pressure from US investors and lack of demand from institutional investors.

8⃣ Altcoins: the big picture is still intact. Don't let the panic of so many people worry you. Higher, much higher.

9⃣ Complete crypto market breakout + bearish retest of Bitcoin dominance. This movie has already been seen. Send everyone higher.

1⃣0⃣ The third chart, where they think that altcoins are about to start growing parabolically.

If we look not at the hindsight, but at the initial forecasts, did they come true for BTC❓

Yes 😎

No 🤷‍♂️

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