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Topic: Trade mastery (Read 44 times)

legendary
Activity: 2758
Merit: 4073
Today at 03:19:07 AM
#5
As long as price rides within this channel it suggests a healthy sustainable bull market trend.

Bullish on bitcoin.
Can you add more details about this channel i.e. how did you calculate the average of $135,000?
The assumptions based on the rise of Bitcoin indicate that according to historical data, it may not be positive in January, which means that the average may be less than $135,000 even if we reach the $160,000 levels.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
Today at 12:00:05 AM
#4
Theres gonna be changes but I can see how bullish you are. Thats pretty high, but I cant say it wont happened since before we are on 60k and some didnt expect btc to reach 100k but now he is just waving back and forth with that range.

Are you referring this forum as channel on telegram? Probably thats what you meant by channel right.

copper member
Activity: 2198
Merit: 1837
🌀 Cosmic Casino
January 09, 2025, 10:43:00 AM
#3
Based on the historical 4-year bull trends. One would say that the market is still bullish, with 2025 being the year Bitcoin tops the charts once again.  But one thing I noticed is that this recent bull run, things have been a little different. BTC smashing the all-time high last year and the entry of institutional players in to the crypto industry. I won't be surprised if things continue to be a little different from now on.
hero member
Activity: 2954
Merit: 672
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January 09, 2025, 09:43:12 AM
#2
I understand you’re bullish on Bitcoin, but could you share some technical analysis on why you think it would rise to that level?

Also, what do you mean by "channel"? I’m sorry, I just don’t quite get it. Could you explain that part a bit more?

By the way, I’ve noticed a lot of experts have predictions similar to yours. Most of what I’ve read suggests a bullish trend this year, especially in the first quarter. If it happens, that would be great! But if it doesn’t, at least there’s still a good chance for a strong performance this year.
newbie
Activity: 3
Merit: 0
January 09, 2025, 09:18:38 AM
#1
Top of the channel by end of first quarter 2025 is around $BTC 160k

Average returns for the first three months of the year would take bitcoin to $135,000

As long as price rides within this channel it suggests a healthy sustainable bull market trend.

Bullish on bitcoin.
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