Lorenz_Capital

Bitcoin Next Move - April 2024 Forecast - Daily Chart

Long
INDEX:BTCUSD   Bitcoin
As we approach the 2024 halving event I can see two potential scenarios playing out:

1. we sell-off 20-30% to see a $50K retest.
2. we see a bull flag and continue the run towards $100-$150K by mid summer.

in scenario 1 - I do believe this would represent a good buying opportunity, as we are still likely to see a $100K price minimum by mid 2025.

stay classy

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