Источник
Bitcoinist.com


Заголовок
Bitcoin’s Final Cycle Pump Kicks Off, Here’s How High It Could Go


Дата
20240920


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Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s Final Cycle Pump Kicks Off, Here s How High It Could Go Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s Final Cycle Pump Kicks Off, Here s How High It Could Go by Godspower Owie 3 mins ago in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin News 0 Given the renewed upward performance of the entire cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market following the recent Federal Reserve (Fed) interest rate cut , Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is witnessing a wave of bullish predictions from crypto experts, with some forecasting that BTC s final surge for this cycle has officially set in. Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Might Be Poised For The Last Great Rally Crypto expert and trader Stockmoney Lizards, in a bold statement, has declared that the last cycle pump for Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has started, signalling the beginning of a fresh and explosive phase for the largest digital asset. In light of the ongoing market rebound, the declaration ignited enthusiasm and hope among investors and traders, prompting anticipation for notable gains in the upcoming months. Related Reading: Analyst Uses Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Past Cycles To Pinpoint Start Of Bull Market – The Timeline Will Shock You This perspective from Stockmoney Lizards underscores that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is about to go on its final significant rally in the current market cycle. The expert bases his forecast on past cycle trends that could trigger a surge to unprecedented prices. While the crypto expert believes that the final pump of this BTC cycle has begun, he expects the prices to top out around September to October of the following year. Meanwhile, he has placed his next target and cycle top for the crypto asset between the $200,000 and $260,000 levels. The final cycle pump for BTC begins | Source: Stockmoney Lizards on X Reiterating previous cycles, particularly the last 3 cycles, Stockmoney Lizards noted that BTC in each cycle has topped out roughly 48 months apart from the Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Halving event . The trendlines (red for the bear case, green for the bull case) project potential price floors, he added. Thus, considering this pattern, the analyst is confident that the next cycle peak will occur between the $200,000 and $260,000 price level, demonstrating his optimism toward the crypto asset s long-term potential. BTC s Next Bullish Phase On The Horizon Stockmoney Lizards optimistic forecast aligns with crypto analyst PharaohX33, who has also predicted an impending major rally for BTC , possibly to a new all-time high using past cycle price performances. The analyst after analyzing the last cycle, has pointed out that BTC is gearing up for its next bullish phase, suggesting an alignment between this current cycle and the 2020 cycle. Related Reading: Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s Next Bull Run Could Be On The Horizon, Here Are The Potential Triggers According to Pharaoh, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin started to rise in 2020 between 670 and 680 days after the bear market bottom was achieved. In addition, the crypto asset entered a consolidated phase and began breaking out roughly 160 to 170 days following the Halving event in that year. Meanwhile, in this cycle , BTC is approximately 668 days away from the last bear market low and has consolidated for about 152 days since the last Halving event, which took place in April this year. Drawing a parallel with the 2020 cycle trend, the expert s projection implies that BTC s next bullish phase could be starting in the upcoming days. This anticipated price breakout will possibly trigger a major rally to a cycle top. BTC trading at $63,405 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com

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3,4990 ; Экономика#Финансы#Платежные средства#Платежные системы интернета
	#Криптовалюта#Bitcoin