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[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible.
已更新
I still believe there is a chance to see BTC at 70k in 2023 before a second inflationary period in 2023-2024 that will drive BTC down again.
This is in line with one of my melt-up scenarios I posted in 2021.
This is in line with one of my melt-up scenarios I posted in 2021.
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but of course, I'm also aware of my other 2 scenarios:註釋
Ok;)Update:
We are still on track but slight tweak --> 58k is the minimum target for this optimistic model
Evidence:
- technical analysis:
- cloud analysis:
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Still valid, but low chances. Still believe in my other pessimistic scenarios (wyckoff accumulation ones)註釋
still valid max target: 54-72k
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Let me update. This is what i think it could happen註釋
Btw idea still valid and target is 54-72k.註釋
![[Update BTC] Scenario to watch out for](https://s3.tradingview.com/t/t0aQf7s4_mid.png)
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