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Delayed effects of remarkable dollar strength (and its effects on global M2) since the beginning of 4Q 2024 finally setting in to #bitcoin?

Range guesses (and order) still in play:

1. 105k-120k (already achieved?)

2. 75k-85k (probable low watermark for late 2024 or early 2025)

3. Zig zag higher, with mid-summer 2025 challenges

4. Ultimately, 200k-1M (target: #475k) still in play for 4Q 2025 or even 1Q 2026, until (when/if) the facts change

Just my guesses, obviously.
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MatCo 1y ago

Little TA: first fibo target (38%) after the 71k break was 106k-ish, which was hit. It’s only natural to see some profit taking now. Support numbers: 99k, 93k, 89k, 85k and 71k. If we break the 106k-108k range the next fibo target (50%) is 125k-ish.

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