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The chart below is the analysis from the students. After reviewing it, I find it aligns quite well with my own predictions, so I’m sharing it.
Overall, the probability of this wave of Bitcoin’s rise is high. After all, the situation in Iran is a positive factor that will lead to a price increase. Then, in September, Xi Jinping will visit the United States. During this time, Trump will boost his campaign for the midterm elections, which will inevitably lead to a rise. From June to September, Trump will be relatively quiet, mainly releasing positive news, aiming to gain more leverage for negotiations in September. Based on this reasoning, I see the peak of this rise at around 670. I don’t see it reaching 70k. When it hits 670, if there’s a dip back to the 5-digit range, I think that would be the best opportunity to accumulate Bitcoin, roughly around 540.
In summary, this wave of rise has an upper limit of 670, then it will fall back to around 540. By June, we could see around 670, and if things move quickly, we might see Bitcoin at 540 by late June or early July.
This analysis is for reference only. Please do your own research and make your own judgments. Investment involves risks; proceed at your own risk.
I have already entered long positions and spot holdings on Bitcoin. Also, I plan to short it further if the hype pushes it up near 63!
$BTC $HYPE