SUPER CYCLE!
The Bitcoin halving will take place in just over three weeks. If Bitcoin consolidates until then, we are looking at entering the halving cycle at around $70,000 on $BTC . We saw BTC break its ATH before the halving. We were moving faster than expected. We will break the #ATH. several months after the cycle, although it will happen again.
We must pay attention to the reason behind this early price increase in BTC. The main reason behind this is the ETF hype both before and after its approval. As a result, we have more institutional and retail investors entering the market.
We will see corrections in the near term but given the above, it appears we are about to exit the bull cycle and enter a SUPER CYCLE! We are looking at a 2025 BTC price target of $180k - $220k.