Bitcoin (BTC) 
$67,355 And cryptocurrencies It has opened the door to huge profits since its early days, with 4-year cycles. So, at what stage of this cycle are we today? For a long time, cryptocurrency investors have been held captive by boring price movements. Today we will consider the predictions of different analysts based on the charts of the last decade.
Bitcoin Analysis by Years
BTC At the time of writing, it is at $67,000. Altcoins continue to fall as Bitcoin bounces back from its recent peak. The analyst nicknamed Mags explained what strategy investors should follow against the ongoing boring movements by sharing the graph of the last 10 years.
- Buy Bitcoin 500 days before halving.
- Wait and do not be shaken.
- Sell 500 days after halving.
- Repeat.
According to the analyst’s chart, we are in the days when a sales opportunity is expected. Those who manage to purchase at the end of 2022 may have the opportunity to sell at a level of 220 thousand dollars in 2025, according to historical data. The second popular analyst Yoddha wrote:
“Imagine BTC sitting at the same price after being halved for months. “The next few months will be very exciting.”
The chart he shared also focuses on a 5-stage process. The 5th movement of this constantly repeating movement is about to begin. Here too, if all goes as expected, we should see the price reach six-figure targets.
Bitcoin Predictions
Titan Of Crypto takes a look at the short-term outlook. The chart he shared is at closes above $66,000. BTC He says its rise may gain momentum. If he is right, the Bitcoin price could again surpass its all-time record level and move towards the $80,000 target. This means that the targeted parabolic rise phase has clearly begun, according to the 10-year charts we mentioned in the first section.
“A strong trend movement started with a newly formed katana in the daily time frame. This is when Katana, Tenkan and Kijun overlap.
This usually happens after a sharp break of Kijun. If Kijun follows Tenkan after he leaves, it gives a strong follow-up signal.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
