Published 6th December 2024. BTC Broke to new ATH 104k on 5th Dec. This chart outlines a potential scenario with the key dates and associated price forecast. This does not consititure financial advice
BTC continues to show strength through December and rallies to 107-115k, marking a local top at the end of December. Altcoins continue to outperform and OTHERS (TOTAL - Top 100) peaks at approximately 800b. Bitcoin Dominance (BTC.D) drops from current 55% to 44% marking a cycle low.
1st one-two weeks of January BTC retraces 80-90k then rallies in the run up to Trump inauguration Jan 20th, possible new ATH 115-120, or lower High. Crash somewhere between End Jan and end Feb. This marks the Cycle top.
March - September, BTC Bearish as USDT.D gains strength. October / November BTC rallies but fails to make new ATH, Creates Lower High. End of Cycle, 12 month Bear Market begins.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.