Bitcoin is on a trajectory to reach $73,000, according to 10X Research’s Markus Thielen. Despite this optimistic forecast, Thielen advises caution due to recent market trends. The collapse of speculative bubbles in DeFi, NFTs, and memecoins has significantly impacted Ethereum (ETH) and Solana (SOL), along with associated tokens. Thielen notes that these structural declines signal a weakening market foundation, suggesting that now is not the time for complacency. He believes that for a new bull market to emerge, a fresh narrative is necessary. This cautious outlook comes after Thielen accurately predicted the latest downturn, indicating that while Bitcoin’s value is expected to rise, the broader crypto market still faces challenges.
CAPT. PARA8OLIC TOBLERONE
@CaptToblerone
·
May 1, 2023 $BTC – CME chart. Primary scenario of 75k to 87k by mid June 2023 is still intact. Not financial advice.
Destieno
@DestinoPJM
·
23h Anyone who is in this market should see (“imaginative”) that downward momentum is increasing and we should see $73K sooner or later.
If I’m wrong I’ll delete this
$BTC
Karan Singh Arora
@thisisksa
·
Nov 3, 2024 $BTC TRAPPED EVERYONE AT $73K SHOWING $80K
Yesterday, I clearly showed you the bearish scenario: We will retest this lower zone after making a curve pattern.
Also, Explained $ETH Zones
Let’s hope we hold the $66900 zone and we reverse
(Pre-election PAMP )
Rob Seppälä
@RobSSeppala
·
7h Looks like we have room for further downside…a break below 73k could open up a retest at 58k. #BTC #cryptowhales mopping up a lot of liquidty and driving the price down so the US can buy in for its strategic #UScryptoreserve on the best terms possible.
CAPT. PARA8OLIC TOBLERONE
@CaptToblerone
·
Oct 18, 2024 $BTC – 73k+ wave 1 top scenario. In this case $BTC reaches 73k+ area by end October and then corrects to 64k before November FOMC. Watch the price action carefully.
Simon.eth | YGG
@Web3Simon
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Mar 9 BTC to hit $73,500
TA
77k – 73k are the range prices we haven’t hit since November 9, 2024.
As you can see the structure is Bearish Downtrend.
FA
Tariffs trade war are still ongoing.
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