Post
Topic
Board Speculation
Merits 32 from 6 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
True Myth
on 15/01/2024, 19:56:35 UTC
⭐ Merited by El duderino_ (16) ,LFC_Bitcoin (12) ,Toxic2040 (1) ,vapourminer (1) ,JayJuanGee (1) ,Biodom (1)
This is pretty close to how I think it’ll play out.

Exciting times ahead.

HODL.

@StockmoneyL
We have posted this
BTC roadmap for this cycle on 31st Dec 2023.

So far, it all looks like it's going according to plan:

1. Bullish momentum until ETF decision

2. Expected volatility and a possible correction in January

3. New ATH in 2024 after Halving (driven by mass adoption)

4. Based on past cycles a new ATH in Q3-4 2025

We have taken into account macroeconomic factors as well (recession, inflation). However, this is ultimately not a bad thing for Bitcoin.
More and more people see (and will see once it's mass adopted) Btc as "digital gold" and an inflation proof asset that is a store of value in bad economic times. Therefore we do not believe that the current bull rund is about to end soon.

Many catalysts on the way are likely to further boost this bull run.

Our own opinion. Not financial advice. Feel free to disagree Smiley



https://x.com/stockmoneyl/status/1746967395510407458

This projection aligns well with the chart template I am using/watching.  I'm not going to bother trying to project the in between spot price movement though.  I do think we will see quite a lot of volatility between 100k and 150k.  Conservative bulls seem to think peak is somewhere between $100k and $150k this run and I'm sure there will be many selling at that point.