Bitcoin Next Target before the Rally of $100K
Bitcoin Price Prediction Before it Goes 100K
"The analysis is based on my comprehensive outlook of the market and should not be
taken as financial advice"
From On-chain, Fundamentals to Technical analysis the summary of Bitcoin Target Price as digital assets made for peer-to-peer transactions for digital payment can probably reach 100K dollar in no time frame by 2025.
Around April of 2024, the Previous Halving happened to reward miners for validating each block of transactions receiving 3.125 of bitcoin from 6.25 before. If we look back at each halving scenario effects increasing the value and demand of Bitcoin, the current market cap reaches the trillion value from the circulating supply showing the early increase to potentially reach the latest all-time-high of 73K.
With On-chain analysis more Humpback and whales are being active wallet accounts not including the cold storage one
Grayscale institutional accounts also is one seen participated to large numbers of holders
Fundamental - shows radically the demand for decentralization and digitalization is are increasing numbers out of the market. This pushes the sentiment including the adaption of US and CBDC.
Technical - Will reveal the chart with a sudden dump in the market.
Probability scenario - large institutions and Humpback Whales are now controlling the market value of BTC on such contradictory opposite of bullish narrative.
Bitcoin Scenario - The Price started now to reveal its "TRUE" target zone of interest moving down to 53K from yesterday Sept 6 after the results of NFP for USD fiat resulting a weak currency, rejecting the Bitcoin to go higher than expected.
Probability scenario:
1. Bitcoin breaks major Supports of $49,853 creating the demand zone and liquidity reason for the price to trace back and hunt down to 51K to 53K
2. Next Target Price - $47,724 Next Major Support Level to trace
Followed by another 53K to 54K play
3rd Target Zone - $42,656 Price of Bitcoin
These 3 Prize zones are the setback major Target area, before the expected recovery and bullish rally point to reach the next level of the all-time high of 80K for the record.
"The analysis is based on my comprehensive outlook of the market and should not be
taken as financial advice"
From On-chain, Fundamentals to Technical analysis the summary of Bitcoin Target Price as digital assets made for peer-to-peer transactions for digital payment can probably reach 100K dollar in no time frame by 2025.
Around April of 2024, the Previous Halving happened to reward miners for validating each block of transactions receiving 3.125 of bitcoin from 6.25 before. If we look back at each halving scenario effects increasing the value and demand of Bitcoin, the current market cap reaches the trillion value from the circulating supply showing the early increase to potentially reach the latest all-time-high of 73K.
With On-chain analysis more Humpback and whales are being active wallet accounts not including the cold storage one
Grayscale institutional accounts also is one seen participated to large numbers of holders
Fundamental - shows radically the demand for decentralization and digitalization is are increasing numbers out of the market. This pushes the sentiment including the adaption of US and CBDC.
Technical - Will reveal the chart with a sudden dump in the market.
Probability scenario - large institutions and Humpback Whales are now controlling the market value of BTC on such contradictory opposite of bullish narrative.
Bitcoin Scenario - The Price started now to reveal its "TRUE" target zone of interest moving down to 53K from yesterday Sept 6 after the results of NFP for USD fiat resulting a weak currency, rejecting the Bitcoin to go higher than expected.
Probability scenario:
1. Bitcoin breaks major Supports of $49,853 creating the demand zone and liquidity reason for the price to trace back and hunt down to 51K to 53K
2. Next Target Price - $47,724 Next Major Support Level to trace
Followed by another 53K to 54K play
3rd Target Zone - $42,656 Price of Bitcoin
These 3 Prize zones are the setback major Target area, before the expected recovery and bullish rally point to reach the next level of the all-time high of 80K for the record.
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