Let’s dig into where Bitcoin’s new ATH could lie & when it might happen✍️
IMO, Bitcoin only has two options for a new all-time high, either the $80k area or the $90k area.
I personally lean more toward the $90k area. Why? Because it is a psychological level. To be more specific, I would even say maybe $98k because most people likely have their TP set there in anticipation of $100,000—the big 6 digits. 💰
My top prediction is around $120,000 - $150,000. I know this is a big gap, but it’s really hard to predict the top. I’d rather sell at $120,000 instead of waiting for $150,000 and it never comes.
And of course, we’ll see a big correction at the new ATH just like last time. How much? Probably, as usual, in the 25-35% range.
But this time, I anticipate a shorter sideways move, maybe around 1 month. 📉
Now, to get into the question of when I think it will happen: The real move up will start in mid-September in anticipation of rate cuts, and after the cuts, we’ll see an explosive move to the upside (5%-10%). Finally, in Q4, we’ll see the price go up with no stop in sight. 🚀📈
It took me a long time to make this, please consider to like it and repost it🙌
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