⭐ Merited by buwaytress (1)
Hi there,
If you are new here, check my last prediction for Jan 2025 to understand the context of this post: ImThour's BTC Analysis - Jan 2025
In my previous analysis, I literally called for a little drop in price when Bitcoin was at $93k on 9th Jan, 2025 and that's what exactly happened over the past few months.
We are now back above $100k, I hope you guys took advantage of the last dip that was available in this cycle.
Now coming to the current situation:
I still believe my original target of $170k which I predicted years ago. Link
And I am still holding my BTC from a buying of $16k.
The only time I will trade it once Bitcoin closes below this support trend line on Weekly. That will be my confirmation of exit, and this will happen in 2025 itself.
According to my analysis, we are in the last phase of the bull cycle, you need to keep a close eye on every weekly candle close from now onwards.
Though chances of it reaching $170k as per my prediction is more, but you need to understand that there are certain things in the world that can affect it, be it a war or something similar.
Will catch you up next time with an update, Have Fun!
If you are new here, check my last prediction for Jan 2025 to understand the context of this post: ImThour's BTC Analysis - Jan 2025
In my previous analysis, I literally called for a little drop in price when Bitcoin was at $93k on 9th Jan, 2025 and that's what exactly happened over the past few months.
We are now back above $100k, I hope you guys took advantage of the last dip that was available in this cycle.
Now coming to the current situation:
I still believe my original target of $170k which I predicted years ago. Link
And I am still holding my BTC from a buying of $16k.
The only time I will trade it once Bitcoin closes below this support trend line on Weekly. That will be my confirmation of exit, and this will happen in 2025 itself.
According to my analysis, we are in the last phase of the bull cycle, you need to keep a close eye on every weekly candle close from now onwards.
Though chances of it reaching $170k as per my prediction is more, but you need to understand that there are certain things in the world that can affect it, be it a war or something similar.
Will catch you up next time with an update, Have Fun!