Bitcoin: Next Move to 127K Still in Play!

Bitcoin 6 Months Projection

Bitcoin weekly divergence between the March 2024 and January 2025 peaks has driven the recent 2-month decline (orange line ).

However, BTC remains above the 2021 & 2024 peak range (73K), and the Stock RSI has undergone a full reset!

Outlook: Within the next 6 months, $BTC is expected to make a weekly move higher, creating another divergence  ( red line )and potentially peaking at 127K by October 2025, before a larger correction brings it down toward 50K.

Stay ahead of the market with these key insights!

Bitcoin 127K
Bitcoin 127K
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elliottwave

Comments
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May 3
Nice to see you here Alieno, been seeing you on X, Thanks for sharing