BTC Charts/Price Update by ImThour

[ImThour]

Hi everyone,

Hope you're all doing great. I’m back with an update on the BTC Price Chart.

Starting with the BTC Cycle Low Multiple Chart:

We are currently at the same price zones as Era 3 (2021 Cycle). It’s still going strong, and my price prediction of $170k by October remains valid.




BTC Bull Flag - 1D Timeframe:

- BTC has been in a price range since March of this year. Q4 tends to be a stronger quarter for BTC price gains, so I’m hopeful we’ll see similar growth this year.



Bitcoin Halving Cycle Profit:

- This is a gem of a chart on the weekly timeframe. We’re 147 days away from entering the Profit Start Zone, and we could see an ATH by November 2025.




Let's see how this goes, I will be back with an update next month. Will start this series of monthly charts.

[bbc.reporter]

BTC Bull Flag - 1D Timeframe:

- BTC has been in a price range since March of this year. Q4 tends to be a stronger quarter for BTC price gains, so I’m hopeful we’ll see similar growth this year.

This formation of the bull flag is very much underestimated by many market observers, I reckon. They appear to be predicting that this will be broken this month, however, they might have forgotten that this bull flag has also formed because the liquidity is also gone once it dumps to the bottom of this formation. The traders who short sell on the bottom will certainly be losing on those trades hehehehe.

There is also the underestimated storyline of CZ's release from prison. I predict the pump will begin 1 week before CZ is released. Another positive storyline for bitcoin might be if Trump is victorious in the debate tomorrow against Kamala. If it increases his ratings in the polls and the surveys, this will certainly be good for the cryptospace.

[betswift]

BTC Bull Flag - 1D Timeframe:

- BTC has been in a price range since March of this year. Q4 tends to be a stronger quarter for BTC price gains, so I’m hopeful we’ll see similar growth this year.

This formation of the bull flag is very much underestimated by many market observers, I reckon. They appear to be predicting that this will be broken this month, however, they might have forgotten that this bull flag has also formed because the liquidity is also gone once it dumps to the bottom of this formation. The traders who short sell on the bottom will certainly be losing on those trades hehehehe.

There is also the underestimated storyline of CZ's release from prison. I predict the pump will begin 1 week before CZ is released. Another positive storyline for bitcoin might be if Trump is victorious in the debate tomorrow against Kamala. If it increases his ratings in the polls and the surveys, this will certainly be good for the cryptospace.

Sounds logical and reasonable. Good news leads the market up a bit
I hope that the growth, indeed, is at the doors, and it will be in no time.
The thing we should continue doing is accumulation.