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Bitcoin (BTC) Price: Technical Indicators Point to Market Top as Price Nears $100,000 Blockonomi 09 жел 2024

Bitcoin (BTC) Price: Technical Indicators Point to Market Top as Price Nears $100,000 📈

Bitcoin analyst Tony Severino predicts the bull run for Bitcoin to conclude by January 2025, with a market top predicted below $150,000. This analysis is based on market cycle assessments pointing to a possible price retrace to $50,000 by mid-2027.

Severino's predictions take into account external factors such as Trump’s pro-crypto stance and the potential Strategic Bitcoin Reserve, which he suggests may have already been priced into the market.

Historical events like the introduction of CME Futures and the Coinbase IPO are also referenced as examples of 'new paradigm' events influencing Bitcoin’s price trajectories.

Дереккөз: blockonomi.com ↗

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