Bitcoin hit $60,000 yesterday, and really no sign of a capitulation yet.
Stage 4 bear market continues and that $24,000 target is probably doable.

nextbigtrade
@nextbigtrade
08-18
Bitcoin has been a sector leader during the 2023-2025 bull market.
If a major top is approaching here, the 80/50 rule would put the upcoming decline for a bitcoin bear market to either $24,000 or $61,000.
This would be devastating to bitcoin treasuries who bought near the top.

bottom will be 35-45k range
thesis explained

Cheds Trading
@BigCheds
12-02
Thesis explained for 35k call
$BTC
(From last week's Youtube stream)
https://youtube.com/watch?v=biA7Yn7t8Y4&t=713s…
Probably matches with fibs which have predicted the previous cycle bottoms as well.
Why do I feel like this cycle will be different?
Either bottoms higher or lower.
Although that would go against historical BTC price action so safest to stay with what has been true in past
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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