BitcoinLong
Conservative Outlook for Bitcoin
BTC/USD Cycle Analysis (Conservative Outlook):
A detailed breakdown of Bitcoin's price action and potential trends, focusing on a conservative perspective:
3rd Halving (May 11, 2020): Took 338 days to reach a cycle peak (~$69,000).
4th Halving (March 20, 2024): With a similar timeline, a conservative target suggests potential resistance around $120,000 by March 2025 (338 days post-halving).
This analysis assumes historical patterns may repeat but emphasizes caution given external market dynamics and volatility. A steady, data-driven approach remains key to navigating the cycles. 📉📈
A detailed breakdown of Bitcoin's price action and potential trends, focusing on a conservative perspective:
3rd Halving (May 11, 2020): Took 338 days to reach a cycle peak (~$69,000).
4th Halving (March 20, 2024): With a similar timeline, a conservative target suggests potential resistance around $120,000 by March 2025 (338 days post-halving).
This analysis assumes historical patterns may repeat but emphasizes caution given external market dynamics and volatility. A steady, data-driven approach remains key to navigating the cycles. 📉📈
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