BTCUSD: Minimum target for this Cycle is 150,000

Bitcoin turned neutral again on its 1D technical outlook (RSI = 52.882, MACD = -410.600, ADX = 22.509) as it recovered the losses of the last 2 days thanks to the Truce announcement between Israel and Iran. The long term picture couldn't be more bullish however as it hasn't even hit the bottom red zone of the Logarithmic Growth Curves model. According to the Time Cycles that mark each Cycle High, the Top for this Cycle is estimated to be between October and December. By October 2025, the top of the first profit taking zone (lightest pink) would be $150,000. That is technically the bare minimum of Top that should be expected based on the current LGC model. Technically it can even hit $200,000 but fundamentals have to help a lot in this scenario (adoption, ETFs, rate cuts).


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##