Bitcoin Bullish Fractal Bars Pattern To $100k, $155k, and $250k

25 במרץ

Here's a slightly different chart showing how Bitcoin will likelyt proceed quickly to 100k once we break the 70K triple-top resistance, which I see happening quickly.

With Fresh IBIT money continuing to flow into Bitcoin and the markets, this market has plenty of rocket fuel on the sidelines to send this rocket into the stratosphere.

Not only does the previous cycle fractal pattern show how Bitcoin can hit these levels this cycle, it also overlays perfect (with minor adjusting) with the Fibonacci projections that correctly forecasted the prior cycle high at the Fib 3.618 level.

The 3.168 number for this cycle would be 210k but I think it's reasonable to overshoot that this time with all the money on the sidelines waiting to come in. We're already starting to see and hear rumors of Tesla buying, Qatar and potentially other sovereign wealth funds, even China.

How high will Bitcoin go this cycle? Here's a good roadmap for now.

But new information = new dedision.

I'll keep you updated.

What do you think?