Here is an update on the #Bitcoin price forecast:
As it stands, I think we are more likely than not to see an atypical extended cycle in time that could top around early 2027 (which is the path 3 in the previous note).
Updated paths:
Path 1: 45% probability. #BTC breaks out without any substantial pull back from the current levels. The top could be reach at around 240K early in 2027.
Path 2: 25% probability. Pretty much the same as path 1 but with a retracement of the current move up (we shouldn’t revisit the last low though) before the break out.
Path 3: 20% probability. There is still a possibility that this market cycle has completed and that we take out the recent low with more downward chop to follow.
#Trading #Tradestr
@note1nd0q0...
As it stands, I think we are more likely than not to see an atypical extended cycle in time that could top around early 2027 (which is the path 3 in the previous note).
Updated paths:
Path 1: 45% probability. #BTC breaks out without any substantial pull back from the current levels. The top could be reach at around 240K early in 2027.
Path 2: 25% probability. Pretty much the same as path 1 but with a retracement of the current move up (we shouldn’t revisit the last low though) before the break out.
Path 3: 20% probability. There is still a possibility that this market cycle has completed and that we take out the recent low with more downward chop to follow.
#Trading #Tradestr
@note1nd0q0...