Odaily Planet Daily News, analyst Jamie Coutts of RealVision, stated in a post on X, 'Unless there is a fundamental change,' BTC's PA will still enter the 'crazy season (batshit season)', also known as the Banana Zone, a term coined by RealVision founder Raoul Paul.
In the chart, Coutts points out that in the previous two Bull Market cycles, BTC reached its respective all-time highs within 365 days after reaching a peak in the local dollar index.
He said that if BTC follows the previous Bull Market pattern, by the end of this year, BTC may skyrocket more than 100% from the price of $64,000 to reach a high of $150,000. (Cointelegraph)
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RealVision analyst: Based on historical Bull Market patterns, BTC is expected to rise to $150,000 by the end of the year
Odaily Planet Daily News, analyst Jamie Coutts of RealVision, stated in a post on X, 'Unless there is a fundamental change,' BTC's PA will still enter the 'crazy season (batshit season)', also known as the Banana Zone, a term coined by RealVision founder Raoul Paul. In the chart, Coutts points out that in the previous two Bull Market cycles, BTC reached its respective all-time highs within 365 days after reaching a peak in the local dollar index. He said that if BTC follows the previous Bull Market pattern, by the end of this year, BTC may skyrocket more than 100% from the price of $64,000 to reach a high of $150,000. (Cointelegraph)