Looking at the Bitcoin (BTC/USDT) price movement pattern on the 1M time frame on Binance, we can see an interesting cycle from 2017 to 2028 (prediction). This pattern shows:
📈 Significant rise to a peak in April 2021.
📉 Sharp decline thereafter.
📈 Significant rise to a peak in December 2024.
📉 Possible decline followed by the formation of strong support. In the price range of $75,000-70,000
📊 The next halving is projected to provide a boost towards a new target of around $150,000 in April 2028
Important notes:
Historical price movements show repeating bull and bear cycles.
Are you ready for the upcoming opportunities? 🚀