Among the predictions of various analysts about the future of Bitcoin, a remarkable view stands out. Famous cryptocurrency analyst Cheds believes that Bitcoin could skyrocket over 337% based on its classic chart pattern.
According to Cheds, it is stated that Bitcoin has formed a cup-and-handle pattern on the weekly chart, and this supports the fact that this pattern has been a harbinger of major rises in the past. This strengthens the idea that Bitcoin may achieve a major upward momentum in the near future.
According to Cheds' predictions based on classic chart analysis, Bitcoin could reach a value of up to $300,000 in the next two years. Specifically, the measured movement for the weekly cup-handle pattern indicates a Bitcoin value of approximately $280,000. This model is often used in technical analysis. Accordingly, it is observed in the graph that first a bowl is formed, and then a second bowl, approximately 1/3 of the size, is formed. Due to its structure, the first bowl resembles a cup, and the second resembles the handle of the cup.
Cheds' predictions challenge commonly held views about Bitcoin's market cycles. For example, many analysts and investors argue that Bitcoin's bull market is shaped by four-year cycles, and these cycles usually last four years on average. So, in this view, the Bitcoin price is expected to peak around 2025 in the next bull market. However, Cheds' forecasts foresee major upward momentum outside the repeating nature of these cycles.
However, Cheds' predictions also take into account Bitcoin's recent price movements. In particular, it is emphasized that Bitcoin may have seen the bottom of the correction after regaining the level of $ 61,500, and this may be a positive sign for the future.
“Bitcoin is forming a decent volume cluster on the four-hour chart… It gets interesting once $61,500 turns resistance into support.”
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET THE CONFIRMATION I SAID ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
