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📊 Bitcoin Investment Outlook
After reaching all-time highs, Bitcoin entered a corrective bearish wave in the usual market cycle. It is currently trading close to 67,000, which opens the door to a number of scenarios in the coming period.
🔹Near-term expectations:
We may see a bullish rally towards the 80,000-90,000 area.
But from a structural perspective, this rally may be a trap for investors and traders, making the market think that the downward wave is over.
🔹 Potential investment areas:
I think the range for investment positioning starts at 38,000, with a potential pullback to 25,000 before forming a solid foundation to enter a new bull market cycle.
🔹Long term goals (if course completed):
First goal: 175,000
Second goal: 250,000
📌Conclusion:
Caution is needed at this stage and not to be fooled by any rapid gains, which may simply be a redistribution before the pullback is complete.
Real investing is in value territory, not after a surge.
Please be careful not to trade with money that you cannot afford to lose.
May God bless you and bless you 🤍
