$BTC š BTC Forecast: What to Expect Over the Next Month
Hereās a breakdown of the anticipated Bitcoin movement, combining weekly & daily charts, ETF flows, and momentum:
1ļøā£ Weekly Chart:
Lows are gradually rising
MACD golden cross forming at low levels ā downward pressure weakening, upward trend strengthening
Current move = B-wave rebound of an ABC correction, followed by a C-wave decline
2ļøā£ Daily Chart:
Repeated oscillations with upward movement
Lows gradually rising, but volume & bullish momentum remain moderate
Expected rebound below $100,000
3ļøā£ ETF & Institutional Flows:
Past 2 months: net outflows > inflows
ETFs are taking a āstep back one, step forward oneā approach, reducing exposure defensively
š® Forecast Summary:
If no major negative news or black swans, BTC may oscillate and rise to $98,500ā$100,000 by early Feb (B-wave peak).
Short-term bottom after B-wave rebound: ~$70,000, with a rebound near $80,000.
Major C-wave bottom (true bear-market low) expected around $58,000, likely between JuneāAugust. Timing may vary.
ā ļø Key Takeaway:
This is a dead-cat bounce in the weekly ABC correction. Stay alert, follow the levels, and adjust trades as momentum and ETF flows evolve.
Iām Xiaolong ā follow for updates and chart analyses.
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