Dr. Jeff on Nostr: We have been expecting this little pullback, no? š #bitcoin #DXY #macro ...
We have been expecting this little pullback, no? š
#bitcoin #DXY #macro
#bitcoin #DXY #macro
quoting nevent1qā¦2fpkDelayed effects of remarkable dollar strength (and its effects on global M2) since the beginning of 4Q 2024 finally setting in to #bitcoin?
Range guesses (and order) still in play:
1. 105k-120k (already achieved?)
2. 75k-85k (probable low watermark for late 2024 or early 2025)
3. Zig zag higher, with mid-summer 2025 challenges
4. Ultimately, 200k-1M (target: #475k) still in play for 4Q 2025 or even 1Q 2026, until (when/if) the facts change
Just my guesses, obviously.