Bitcoin (BTCUSD) has been trading within a 2.5-year Channel Up throughout the entirety of its 2023 - 2025 Bull Cycle, showcasing incredible consistency. This is perhaps BTC's most stable Bull Cycle and that can help us estimate to some degree its next two key levels, before its tops.
As you can see, every major Higher High of this pattern has been either on or marginally above a +0.5 Fibonacci interval:
Fib 0.5 was the February 2023 High and Accumulation Phase.
Fib 1.0 the April - September 2023 Accumulation.
Fib 1.5 December 2023 - January 2024.
Fib 2.0 March - September 2024.
Fib 2.5 December 2024 - February 2025.
Right now the market seems to be attempting a break-out above a Bull Flag, following the massive April 07 2025 rebound on the 1W MA50 (blue trend-line), a level that has been the most optimal buy entry in the past 2 years.
The next stop based on this model is the 3.0 Fibonacci extension level at 133000, where there are high probabilities for the market to consolidate (accumulation phase) in preparation for perhaps the final stop and Cycle peak on the 3.5 Fib ext around 191000. As we've discussed on previous analyses, a final Target between those two around $150000 may be more fitting, carrying less risk into the final months of the Bull Cycle.
So what do you think? Do you believe that's the blueprint to follow until the end of the year/ Cycle? Feel free to let us know in the comments section below!
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As you can see, every major Higher High of this pattern has been either on or marginally above a +0.5 Fibonacci interval:
Fib 0.5 was the February 2023 High and Accumulation Phase.
Fib 1.0 the April - September 2023 Accumulation.
Fib 1.5 December 2023 - January 2024.
Fib 2.0 March - September 2024.
Fib 2.5 December 2024 - February 2025.
Right now the market seems to be attempting a break-out above a Bull Flag, following the massive April 07 2025 rebound on the 1W MA50 (blue trend-line), a level that has been the most optimal buy entry in the past 2 years.
The next stop based on this model is the 3.0 Fibonacci extension level at 133000, where there are high probabilities for the market to consolidate (accumulation phase) in preparation for perhaps the final stop and Cycle peak on the 3.5 Fib ext around 191000. As we've discussed on previous analyses, a final Target between those two around $150000 may be more fitting, carrying less risk into the final months of the Bull Cycle.
So what do you think? Do you believe that's the blueprint to follow until the end of the year/ Cycle? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.