Bitcoin is bidding adieu to prices below 60k
The Bitcoin Rainbow Wave, a model by leoum, suggests that Bitcoin is saying goodbye to prices below 60k. It's expected to break this level soon and never look back. The next dip is predicted for July 2026 (around block heights 950-980k), potentially reaching a low point just under 75k, but never falling below 60k. Bitcoin is bidding adieu to prices below 60k, a fleeting farewell kiss before it embarks on a thrilling ascent.
Here's a simple long-term investment strategy based on this model:
Buy now: Invest in Bitcoin today, whether you're thinking short-term (1 year) or long-term (5 years).
Sell high: Aim to sell in mid to late 2025 (around block height 900k), when the price could be around 230k dollars.
Buy the dip: Buy back into Bitcoin in the summer of 2026 (block heights 950-980k) when the price is expected to be lower.
This strategy could potentially quadruple your dollar investment within a year.
During bear markets, it's wise to preserve your gains by holding stablecoins or dollars, which can be used to buy up to 3 times more Bitcoin when the price drops.
Remember, this model is based on 15 years of historical data, and past performance doesn't guarantee future results. Invest wisely and be prepared for the risks involved.
Here's a simple long-term investment strategy based on this model:
Buy now: Invest in Bitcoin today, whether you're thinking short-term (1 year) or long-term (5 years).
Sell high: Aim to sell in mid to late 2025 (around block height 900k), when the price could be around 230k dollars.
Buy the dip: Buy back into Bitcoin in the summer of 2026 (block heights 950-980k) when the price is expected to be lower.
This strategy could potentially quadruple your dollar investment within a year.
During bear markets, it's wise to preserve your gains by holding stablecoins or dollars, which can be used to buy up to 3 times more Bitcoin when the price drops.
Remember, this model is based on 15 years of historical data, and past performance doesn't guarantee future results. Invest wisely and be prepared for the risks involved.
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