Weβre more likely to hit $50K in 2026 than ATH.
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Discussion
i could see both, 80 didnt feel like a bottom
Donβt get me wrong ATH would be fun but we are going a lot lower IMO
why
BC God wants us to develop character
First sign was the peak coincided exactly where it should have based on timeframe from halving. We are still in a downtrend and havenβt been able to break out of the channel. MACD turned bearish on monthly candle which has signalled the start of all previous bear cycles. Bullish news has been met with bearish price action for example rate cuts. Treasury companies are getting rekt which one would expect in a bear market. While price was maker higher highs RSI was making lower highs showing a loss in momentum; this happened in all previous bear markets. Then you have whales selling, Core Knots drama, Samourai in prison, quantum FUD; these are not bearish on their own but do add fuel a bearish market price structure. None of this is fatal but I think we are in for a lot more pain before we can make a new base to go higher. Unless something huge can turn momentum around but seems unlikely.
Yep.
Core v30 destroyed bitcoin.
It's not a coincidence that ATH was the day core v30 was released
We cant rule that out, but a move to the ATH from here is just 45% , which wouldnt be unfeasible either.
The market dip was very strong going through 3 fib levels without resistance.
I agree it is possible. There would need to be a change in momentum for that to happen right now the momentum is still to the downside. I think it will be hard to overcome without some more pain first.