Bitcoin
Long
Updated

Bitcoin: Weekly Bullish Continuation

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🟠 The weekly divergence between the March 2024 and January 2025 peaks has driven the recent 3-month decline.

🔴 BTC is expected to make a weekly move higher, creating another divergence in the way.

🔵 BTC held above the 2024 peak range 73K without overlap, while the Stock RSI has completed a full reset, reinforcing the bullish momentum.

🟢 Outlook: Over the next 6 months, Bitcoin BTCUSD is expected to rally into new ATH, with a potential target around 127K by October 2025.

snapshot
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📊 Bitcoin: Gearing Up for a $127K-$146K Surge!

🔵 Price has confirmed a breakout into new all-time highs, with extensions from 2022 & 2024 lows remaining in focus.

📈 Outlook: Over the next 3 months, BTC is expected to continue its move higher, holding the weekly divergence to establish the final peak of this cycle.

#ElliottWave $BTC_F GBTC IBIT BITO

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