iMemon12

🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
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*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
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$BTC



At this point, it’s already possible to see the structures the market operates within, specifically the influence of major market participants: how they accumulate liquidity and set the market trend.

Everything follows a pattern: a long 6–8 month consolidation → 1st wave of growth → redistribution + liquidity collection above and below → 2nd wave of growth → another long consolidation → repeat.

This generally fits logically into the framework of this cycle, both in structure and timing. The main target of this cycle — $140,000 — has not yet been reached. The market almost never exits an accumulation phase with just one growth wave. There’s a high probability that this will repeat once more: a second wave of growth to $140,000, followed by a six-month range until the end of summer, possibly in the form of an ascending structure, such as a wedge, potentially even reaching $173,000.

During this time, there will be distribution. This will take a while since big players need time to exit via retail. Selling to retail is most effective when there’s hype in the market. Exits may also occur through altcoins, as has happened before. Therefore, there’s still a chance that altcoins will surge during this period, creating the biggest market hype.

Just some market thoughts for now. Let’s keep observing. DYOR.