A strong monthly signal on BTC is approaching, almost ready to trigger one of the most significant signals since the low in November 2023.
This signal is a continuation of the current uptrend.
If BTC reaches 85K before December, it will confirm the breakout from the current consolidation phase. From there, we could potentially see 107K and 188K by July 2025.
Many haven’t noticed, but there’s hidden strength in the trimester bars as well. Overall, I don’t see anything bearish in the current momentum. 107K no longer seems like a distant target, but we still need to see higher highs on the monthly chart for further validation of the signal.
There’s a small chance BTC could exceed 200K, but that would likely require the trimester signal to kick in from the 60K consolidation phase. While it's not my primary expectation, it's worth noting as a possibility.
Also, prices below 60K seem unlikely at this point—at least not until this bull run is over. Don’t expect to see any dips below 70K during retracements (and even that would be generous).
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One last push to 100k and then a pullback — all before the end of the year.
I think it will create a floor above 80k. If this final leg fails, expect a fast retest of the 78-80k zone.
But for now, I’m more inclined to see a push into the 100k area.
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