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Bitcoin is currently at $64,000
Away from today’s fluctuations and speculation...
My prediction for the current cycle’s bottom pattern and price action, and the target peak of Bitcoin at $217,000 in the coming cycle in 2029.
Bitcoin is targeting the formation of a bottom for the bearish cycle within the range of $39,000 to $36,000 during the last quarter of 2026, between October and November...
The activation and confirmation of the target will begin with a break and a weekly close below two important supports.
First support: $54,000. Second support: $50,000. And this tight zone between the two supports... $54,000 and $50,000 is considered one support area, and it will be the place where manipulation, high volatility, and fake rebounds happen when price reaches this range.
At this point, start preparing yourself for a period of bottom formation with a capitulation candle toward $39,000, and then usually the bottom takes about three months of time for accumulation, whipsawing, and panic-inducing moves, along with negative news for three months: October, November, and December...
And the start of a new bull cycle begins
From November 2026 to November 2029, the date of the peak and the end of the next bull cycle in the last quarter of 2029, between October and December, and God knows best...
Bitcoin targets for the upcoming cycle peak
- First conservative target: $150,000,
- Cycle target: $217,000,
And the $217,000 target will be confirmed after the bottom is confirmed by the end of this year...
$BTC $ETH $GT
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https://www.gate.com/profile/Baron?ref=VLUXV1XCUQ&ref_type=105