[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible. untuk INDEX:BTCUSD oleh Homocryptus

[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible.

I still believe there is a chance to see BTC at 70k in 2023 before a second inflationary period in 2023-2024 that will drive BTC down again.
This is in line with one of my melt-up scenarios I posted in 2021.

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but of course, I'm also aware of my other 2 scenarios:

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Ok;)

Update:

We are still on track but slight tweak --> 58k is the minimum target for this optimistic model

Evidence:
- technical analysis:

- cloud analysis:

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Still valid, but low chances. Still believe in my other pessimistic scenarios (wyckoff accumulation ones)

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still valid

max target: 54-72k

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Let me update. This is what i think it could happen

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Btw idea still valid and target is 54-72k.

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Homocryptus

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[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible.

oleh Homocryptus

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