Basic Points:
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Bitcoin’s “Cleanest Trend indicator” has blinking bullish for the first time since mid-2024.
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Previous signals often resulted in a BTC blow-off top top in the coming year.
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Market commentators remain stable at the price of the price during the combination after the latest full Bitcoin time.
Bitcoin (Btc) is ready for the “next main leg up” as a long-term indicator that triggers the first time since mid-2024.
Assessment that -upload In X by Trading Account Stockmoney Lizards on May 28 described an “obvious” BTC price breakout signal.
Bitcoin Breakout Signal assessment: “We are there”
Bitcoin is ready to repeat its running at a top of the cycle, as in 2016 and 2020, StockMoney Lizards report.
The Optimized Trend Tracker (OTT) tool, which offers price insights using the transfer of average and average real data data, is preceded for the next Bitcoin blow-off top top.
“The pattern is obviously painful,” the X post claims, which calls for the “clean rating indicator you can use for macro moves.”
In previous cycles, the price has rereed the cluster of OTT trend lines, which continues to highs after cement as support. At this time, two stages of retest took place, with the latter now appearing to be completed.
“We just lost the monthly OTT bands. Again,” concluded the post.
“OTT bands show you when the assets are ready for their next main leg – and we’re there.”
In terms of targets, StockMoney lizards offer Up to $ 200,000 for 2025, with a possible “extension” up to $ 250,000 next year.
Consensus calls for $ 120,000 BTC price
Number Cointelegraph reportedOptimism in the Bitcoin Bull Market continues beyond data from Cointelegraph Markets Pro and Tradingview Showing the price awaiting within the latest integration structure -including it.
Related: Bitcoin whales continue to buy while BTC’s target prices include $ 94K
Nearby Forecasts View $ 130,000 or more, even if the market has shrinks the same Macroeconomic Development and High-profile speakers At the ongoing Bitcoin 2025 conference.
Last year’s conference preceded 30% BTC price crashing, leads to concerns The “market memory” can deliver a similar outcome in 2025.
Examining market activity, the Onchain Analytics Firm Glassnode also sees a $ 120,000 visit to the reach as part of the price discovery.
“As the market moves at a price discovery phase, the level of $ 120K will appear as a major interest zone, with pressure seller expected to accelerate inside and around this zone,” summary it in the latest edition of its regular newsletter, “The Week Onchain. “
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
