The long-term ascending channel remains intact. Price is currently moving near the midline of the channel, which has historically acted as a strong equilibrium zone. 🔎 Key signals:
• Price continues to move within the rising trend.
• The upper band of the channel indicates a broad potential target range between $140K – $300K.
• A descending top structure is visible in the oscillator (bearish momentum weakening).
• However, the indicator is showing signs of forming a bottom in the oversold zone. 📉 Short term:
Momentum is weak, but a bounce from the oversold area is increasingly likely.
📈 Mid / long term: As long as the ascending channel structure holds, the cycle does not appear to be completed yet. ⚠️ Critical level: ~$70K Holding this level is important for trend continuation. Conclusion: The market may currently be in a correction / consolidation phase within the broader trend. If a reaction occurs, a new impulsive wave could begin. 🚀 $SAND $VET
Bitcoin – End of Year Macro View (1D / Long-Term Cycle Analysis) Looking at Bitcoin’s full-cycle structure, one thing remains consistent: every major bull run has been followed by a deep but controlled correction — and each correction has been structurally similar. 📉 Historical Pullbacks in Bull Cycles 2013–2015: ~-65% 2017–2018: ~-59% 2021–2022: ~-60% Current cycle projection: -60% to -66% These corrections occurred above long-term moving averages, preserving the macro uptrend. 📊 What the Chart Is Telling Us Price remains above the long-term trend (blue MA) → macro trend is still bullish Red volatility bands show cycle tops form before deep retracements The current structure suggests a healthy correction zone, not a trend reversal If history rhymes: A controlled retracement into the highlighted zone would be normal, not bearish Such phases historically reset momentum and prepare the next expansion leg Patience has always been rewarded in this market. $BTC
Friendship has reached the silver peak. It will crash from here, and money will flow into Bitcoin. Every tree blossoms in its own season. $BTC $SAND $VET
Looking at $BTC with a normal chart structure, $126,000 indicates the end of the bull run. It might reverse and form a double top. However, on a logarithmic chart, it's possible the price could go as high as $310,000. How do we understand this? It's very simple. Using the 0.00% Fibonacci level as the bottom and the 100.00% peak as the base, the 200% Fibonacci level should be the peak of the bull run. $ETH $SOL