) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says.on Jan. 27, popular Twitter commentator Trader Tardigrade, also known as Alan, also revealed $70,000 as the next potential bear market bottom.For many, BTC price action is still bound by Bitcoin’s four-year halving cycles. The resulting price pattern offers one “all time high year” in every four, with 2025 next in line.
That price tag came about from an analysis of Bitcoin’s stochastic oscillator, which syncs with cycle highs and lows in BTC/USD. Currently, the indicator is printing its latest trough, and if history is a guide, price behavior will do likewise. “Bitcoin well-formed structure with stochastic behavior indicates that the next ATH will be at 200K and next floor will be at 70K,” Alan summarized alongside an illustrative chart.Responses to the post revealed a familiar divergence in opinions when it comes to Bitcoin’s future potential in U.S. dollar terms.
TATrader_Alan To me 250/300k, less supply and more investors
TATrader_Alan BTC Network Donations 1KGxWUnYXsvfjMoZSc7nABywpQkYZyhuez Never give up guys! You never know what happens.
TATrader_Alan
TATrader_Alan Nice
TATrader_Alan 👍
Thanks for having me ❤️
TATrader_Alan I believe in it.
TATrader_Alan Stochastic indicator offers Bitcoin bulls historical firepower 📈 For many, $BTC price action is still bound by Bitcoin’s four-year halving cycles. The resulting price pattern offers one “all time high year” in every four, with 2025 next in line.
TATrader_Alan 100x. LONG🔥🎉🎉🎉⭐100X Longggg⭐🚀🚀🚀⭐⭐⭐100x. LONG🔥🎉🎉🎉⭐100X Longggg🚀🚀🚀⭐⭐⭐100x. LONG🔥🎉🎉🎉⭐100X Longggg🚀🚀🚀⭐⭐⭐100x. LONG🔥🎉🎉🎉⭐100X Longggg
TATrader_Alan Bitcoin B Fibonacci Retracement ($22.5k) has proven to be a solid support, since then we're in an uptrend that is blocked at $23.6k resistance. Once we break the golden level $25.9k this will be a huge bullish signal _lyn90 Made us proud her TA have been very helpful