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strong buy
BTC

Bitcoin Cycle Peak Prediction Approaching $138K-$207K Based on 200-Week SMA Cross

Hopiumm: The historical peak of the Bitcoin cycle occurs when the 200-week simple moving average crosses the previous all-time high. Grok analyzed this chart and believes the next all-time high could be between $138,000 and $207,000. Do you agree with this chart? Comments with arguments are awaited.
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AI Analysis

The analysis hinges on a historical pattern where Bitcoin's market cycle peaks when the 200-week simple moving average (SMA) crosses above the previous all-time high. This technical indicator has hist...

AI Recommendation

Given this analysis, investors might consider preparing for a significant bullish move if the 200-week SMA crosses the previous ATH as predicted. This could be an opportune moment to increase exposure...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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