Reverie about the next bear market for BTC.
I had shared my target for BTC’s target
BTC1!
in the long term. Now, what do I expect after reaching that target? As you can see, I lean towards the idea that BTC will enter a bear market after reaching 100k, so I'm not expecting 140k. However, it could happen if you use a logarithmic chart. This is a non-logarithmic chart. After reaching the PO3 target, the price will consolidate there, and then a bear market will begin. BTC, like any instrument, tends to fill its gaps. I've shown the gaps and filled gaps on the chart. Perhaps the next bear target for BTC is 9k. Who knows?
BTC1!
in the long term. Now, what do I expect after reaching that target? As you can see, I lean towards the idea that BTC will enter a bear market after reaching 100k, so I'm not expecting 140k. However, it could happen if you use a logarithmic chart. This is a non-logarithmic chart. After reaching the PO3 target, the price will consolidate there, and then a bear market will begin. BTC, like any instrument, tends to fill its gaps. I've shown the gaps and filled gaps on the chart. Perhaps the next bear target for BTC is 9k. Who knows?