$155K is in sight for Bitcoin, but there’s a problem

-

Right now, Bitcoin is dancing above $94,000, looking tough, but the crowd’s holding its breath.

Why? Because word on the street is, Bitcoin could rocket all the way up to $155,400. That’s right-six figures, baby!

But there’s a catch, and it’s a quite big one, it’s gotta keep its head above $91,400, or experts say the dream goes up in smoke.

It’s doable if…

Now, this isn’t just some wild guess from your cousin who knows a guy. We’re talking about the Pi Cycle Top indicator-a technical tool that’s got a reputation for sniffing out Bitcoin’s market peaks.

It’s like having a wiseguy in the back room, watching the numbers, telling you when the party’s about to end.

The brains behind this, popular and renowned analyst Ali Martinez, says as long as Bitcoin doesn’t trip below $91,400, we could be looking at a run for the ages.

bitcoin
X

April’s been a rollercoaster, like in the textbook. Thanks to some tariff drama out of the White House-yeah, Trump again-the markets were shaking like a leaf.

But Bitcoin? It shrugged, climbed over 14% this month, and kept strutting like nothing happened.

Confidence is building. Investors, both big and small, are piling in. Since January, nearly 100 new whales have joined the network.

That’s not chump change. And retail investors? The FOMO is real. People who swore off crypto after the last crash are peeking back in, wallets itching.

Stars align

Fortunately, it’s not just about hype. The Accumulation Trend Score, think of it as a loyalty meter for long-term holders, is almost at a perfect 1.

That means the diehards, the ones who don’t flinch when things get ugly, are loading up. When these people are confident, you know something’s cooking.

Let’s not forget, Bitcoin’s pulling in attention as a non-sovereign store of value. Translation? People are sick of banks and governments calling the shots.

They want something that doesn’t answer to anyone. The New York Digital Investment Group says Bitcoin’s finally starting to act like the safe haven its fans always claimed it was.

Greg Cipolaro, their research boss, says Bitcoin’s breaking away from the usual stock market drama, becoming its own beast. Just in time, I have to say.

Ready or not

But dont forget, the Pi Cycle Top isn’t magic. It’s missed the mark before, and if Bitcoin slips below that $91,400 line, things could get ugly.

So, if you’re thinking about making a move, remember, in this game, you gotta know when to hold ‘em, know when to fold ‘em, and always watch your back.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

LATEST POSTS

Bitcoin’s next bull run will come from… Mt. Gox’s $4 billion repayment delay?

It sounds pretty controversial, but there’s a grain of truth. Mt. Gox, the notorious, now-defunct crypto exchange, has again postponed its $4 billion Bitcoin repayment...

Canaan is back with a bang, meet the Avalon A16, the miner that means business

In the Bitcoin mining sector, where hardware is king and performance is the throne, Canaan has strutted back on stage with a shiny new crown....

Why did spot Bitcoin ETFs lose $470 million after the Fed cut rates and Trump talked trade?

Spot Bitcoin ETF outflows in the United States reached about $470 million on Wednesday, the biggest daily withdrawal in two weeks, according to Farside Investors....

Bitcoin’s bull run faces a reality check, too pricey for the people?

Once upon a crypto-sphere, Bitcoin dazzled with crazy gains, luring every retail investor like moths to a neon flame. But this ride might be hitting...
117FollowersFollow

Most Popular

Guest posts