BTC Trend Projection - First steps to reach 198k by July 2025

2 de abr.

We are projecting an ATH of 198k by June 29th, 2025. For BTC to reach this it has some steps it needs to follow. These steps can be broken down into chunks and here we aim to break down the first part.

Likewise, here is a quick evaluation of how BTC is currently doing and what may happen in the upcoming few days to a month.

Bull:

BTC may have corrected downwards and sideways enough to become being properly evaluated. What this means is that BTC's Price and Halving projection line are very close together. This is great news as it means bullish momentum may be happening soon and this will help maintain a strong support and potentially the lowest the price may crash to in the upcoming few days.

Bear:

Unfortunately there is still some short term bearish momentum going on and the price may correct further to the 60-62k area. This should be only temporary and can be considered a good entry point to get into the market if you haven't already as most trading pairs are at a pretty good buy in price right now.

Conclusion:

1. Be cautious if you have a liquidation in the 60-62k price range as this correction may hit that area before the bullish momentum picks in and we slowly climb back to the 70k+ region.
   
2. If you haven't bought in yet, the next few days may be about the best you are going to get unless you want to wait until July 2026 where we may see a low of 50k..
   
3. BTC's bullish momentum may be very close to happening again, this short correction was necessary but may be almost over.
   
4. There is a potential possibility of side ways movement until May, however BTC is generally very volatile and there is a better chance we see 1-5% price movements up and down between 60-75k for the next month; so even though bullish movement may happen soon; there may still be bearish movements in between. The true parabolic movement is likely awhile away.
   
5. When BTC does exhibit parabolic movement, it usually does so for a few days to week before slowing down with a correction, consolidation and then continuation. Its never just straight up forever, be cautious!