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Mrkokapic
· 2024-07-11 19:34
more realistic scenario is following: slow decline until mid of September, reaching as low as 40,000, and then sudden surge to the 80,000 by the end of 2023
#BTC is following a similar path as of Q1 2024
▫️ BTC hit $48,000 and then witnessed a 22% dump.
▫️ It took a month to recover from it, and then made a new ATH in March.
▫️ Something similar could happen now, but the timeframe will be longer.
BTC will consolidate below $74K in Q3, and the major breakout will happen in Q4, leading to $100,000+.