Bitcoin - Ultimate profit target in 2025 (sell here!)
$BTC
Bitcoin is in a final stage of its bullish cycle! The major impulse Elliott Wave is almost finished. What you really want to focus on is this long term 2017 -> 2021 trendline. When bitcoin touches this trendline (make sure you setup an alert in tradingview), it's definitely time to sell and run away!
It's not only the trendline that is a strong resistance; it's also the Fibonacci extension (1.618 FIB). While a trendline is a dynamic resistance, moving together with price, fibonacci is a static resistance with a fixed level. Our fibonacci level is exactly at 122,069 USDT. I know there will be moon boys predicting 200k or 300k in 2025, but this is pretty much impossible. The market cap of Bitcoin is already relatively high, as you can see in the picture below.
After you sell your Bitcoin, wait for a significant correction (bear market). I expect this bear market to be in years 2025 - 2026. From the Elliott Wave perspective, wave (4) is always a strong support and liquidity point for whales. Bitcoin's wave (4) is at 49k. So we can find support at around 50k - 65k.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
$AVAX avax made two peaks around $53. This means the end of dreams of $100, and some scammers even wrote about $1000. By making a double peak, avax crossed out the chances of an upward movement and will systematically head for $15. Remember that during this holiday season whales use your lack of knowledge and dreams to sell you goods at a higher price and dress you up for the holidays. At this point, they themselves realize profits and pay themselves bonuses from your money. Don't lose money, don't enter a heated market.
The first peak was at 147! Always watch the “Big Picture”!
Caleb Fritsch kVTH
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$AVAX avax made two peaks around $53. This means the end of dreams of $100, and some scammers even wrote about $1000. By making a double peak, avax crossed out the chances of an upward movement and will systematically head for $15. Remember that during this holiday season whales use your lack of knowledge and dreams to sell you goods at a higher price and dress you up for the holidays. At this point, they themselves realize profits and pay themselves bonuses from your money. Don't lose money, don't enter a heated market.
I am telling you what will happen with bitcoins and cryptocurrencies in the next 2-3 weeks because I already know this, having been here for 5 years. Whales and market makers will take advantage of Christmas as a holiday, and we will have a secondary market with low activity. After these recent drops that they caused, whales and large fortunes have already made profits to buy whims for this Christmas, a Ferrari 812 for their nephew or a fourth residence on the Malibu coast. cryptocurrency I would be very surprised to see any Christmas rally; whales will return to the market at the end of January or February when we start the next bull rally that will take BTC to prices of 120–130 thousand, and altcoin prices will X2 current HODL with two balls $BTC
Trading idea. No financial advice. Do your own research.
**Take care trade management & risk management.** 🚨🚨 👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
Binance Square Family...❤️🔥❤️🔥 I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help. I appreciate your support!
$RAY is leading the charge in the Solana ecosystem, with support at $3.81 and a target of $9.84. As Bitcoin's bullish trend continues, $RAY’s movement will be linked to $BTC performance. Volume and RSI readings will be essential to predicting $RAY’s future growth.