As predicted in the previous analysis, Bitcoin saw its two-year price ceiling at around $109K when Trump entered the White House, and Bitcoin will have downtrend for about a 1.5-2 year.
This decline will have 3 phases, which I have shown in the first phase chart in 3 stages.
As you can see in the chart, in the first phase, Bitcoin will fall to around $81K and then rise again to near the price ceiling. But in my opinion, it will not be able to create a new price ceiling and will have a heavier decline towards the $50K-$60K range.
JalilRafieefard
February 18, 2025
This decline will have 3 phases, which I have shown in the first phase chart in 3 stages.
As you can see in the chart, in the first phase, Bitcoin will fall to around $81K and then rise again to near the price ceiling. But in my opinion, it will not be able to create a new price ceiling and will have a heavier decline towards the $50K-$60K range.
JalilRafieefard
February 18, 2025
Catatan
The first wave (first stage) of phase 1 of the downtrend ended.
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