Dear Readers,
Well, it is only a month and a half after the previous article written on a 2025 BTC speculative target. At that time, just a few weeks back, it seemed indeed a highly speculative target, where price at 60K had yet to break out of its range. Now, with a breakout to substantial new highs, that speculation is looking even more substantial.
The focus of this article will be on something I hinted at in the previous article a few weeks back… before price broke out to the upside.
Such a multi-year time-line is in keeping with the previous patterns seen in the BTC market. And though I’ve argued that the '4 year cycle’ is likely to be disrupted at some point, due to a maturing more liquid market, this coming cycle may mark a transitioning phase. Until the pattern is disrupted and broken, it makes sense to factor it in. The following chart illustrates the multi-year pattern so far seen.
That price should continue to run to six figures and from there go parabolic proper would come as no huge surprise. While that of course is no sure thing, it is something that the trader/ investor should have in mind insofar as they cover risk to both sides.
Such an eventuality would of course involve a ‘frontrunning’ of price for those expecting the multi-year pattern of previous years to once again run its course. The market never fails to surprise, and this outcome would no doubt be one way of doing that in a maturing market. And so to the chart.
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