Bitcoin Bulls May Stay Here Until 2025

Bitcoin, Currency, Technology, Money, Cryptocurrency

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Bitcoin keeps trading nicely bullish on a weekly basis within final higher degree wave V as expected. We shared a lot of articles in the past and here you can check the latest one from November 08. Link here.

It's time to take a closer look now!

Bitcoin with ticker BTCUSD is coming and moving nicely higher as expected after Donald Trump won US elections, so coin remains in a strong bullish five-wave impulse on a daily chart with room even up to 130k-150k area and bulls may stay here until 2025.

btcD

BTCUSD Daily Chart

Price came even higher recently, as Donald Trump has appointed Paul Atkins, a pro-crypto former SEC commissioner, to lead the SEC. Now we can see it extending even higher out of recent wave (4) running triangle consolidation into wave (5) of an extended wave 3 in the 4-hour chart, so new higher degree wave 4 correction may not be far away, but there can be still space up to 107k-113k triangle target area.

btcusd4h

BTCUSD 4H Chart 


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For a detailed view and more analysis like this, you may want to join our live webinar today on Monday December 16 2024 @ 15.00CET, Link more

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