$BTC Weekly Analysis

Current Market Situation

We are currently standing just before the supercycle, in a sideways (accumulation) zone. Any breakout above the $72,000 - $74,000 zone will officially signify the beginning of the supercycle. Until then, we are moving within the current sideways zone, which is between $60,000 and $72,000.

It's now only a matter of time before the current slow and boring #Bitcoin gains strength and reaches a new all-time high (ATH). ⏳ For weeks now, I've been telling you that the accumulation zone is a perfect opportunity for buying, and those who bought between $58,000 and $60,000 can now enjoy significant profits.

A few weeks ago, I gave you the first target price for , $BTC

namely $68,000, when #BTC was still trading around $60,000, and everyone on Twitter and in major crypto communities was expecting $50,000... and let's see where we are now.

But let's look at... what's the key information now:

The current market sentiment is neutral according to the indicators, meaning that average investors have not yet entered the market. Due to the previous month's sideways movement, many large investors have also hesitated to re-enter, but what they don't know is that once #Bitcoin gains momentum, it will reach $72,000 within a few days, and once we successfully break through this level, $74,000 will be the next target. And when $BTC is around $80,000, it will be too late for those who sold during the previous period to re-enter, but they will still try and the market will drop on them again, causing them to lose faith in crypto forever. ❌

The next big rise is incredibly close... and our strongest indicator remains the EMA100, which has always been accurate since #Bitcoin started its rise from $28,000. Looking at a few months' horizon, the primary target for #BTC is the $84,000 - $88,000 zone.