Bitcoin Sets Sights on $175K to $450K Cycle Peak

On October 29, Bitcoin recorded its highest-ever three-day close at $72,724, following an 8.75% rally within 24 hours. With BTC breaking above its resistance at $71,500, investors are eyeing a potential return on investment (ROI) of 145% to 530% over the next 12 months, according to key technical indicators.

Bitcoin appears poised to break out of a seven-month consolidation phase, leading the market toward a potential period of price discovery as it reaches new all-time highs. Analysts suggest that Bitcoin’s past price peaks have typically followed Fibonacci retracement levels, specifically between 1.618 and 2.272 extensions from prior swings. Under the current setup, these levels project a price target of $173,088 at 1.618 and $458,319 at 2.272.

Historically, Bitcoin’s tops have slightly undershot these Fibonacci projections. In 2013, the price slightly exceeded the 2.272 level, while in 2018 and 2021, the peaks fell below it—$69,800 in 2021 remained under the 1.618 level. If the pattern of diminishing returns continues, Bitcoin’s next cycle peak in 2025 or 2026 could potentially fall below $173,000, reflecting a four-year trend of reduced returns.

Join Our New ReadySetCrypto Platform!

Join our new interactive, community-driven ReadySetCrypto platform!

What we’ve found is that the Crypto market moves too quickly to support a TradFi portfolio-based market.

The Crypto market is all about identifying opportunities AS THEY OCCUR, and understanding precisely when to enter, and most importantly, when to exit.

ReadySetCrypto has been re-engineered to help you identify these opportunities as they occur with clear, time-tested price-based signals.

Better yet, you can convert your account to this new service for the same price (or probably less) than what you’re paying now.

You can check it out for free for a week by signing up at readysetcrypto.ONE, where you can access the new site either on your workstation, or on a new mobile app by installing the Mighty Network app on Android or Apple.

If you’d like to convert your account, please let us know by contacting us at support (at) readysetcrypto.tempurl.host

We’ll take care of ensuring that your old subscription is closed down, and that we match (or improve) your monthly subscription rate. Annual rates are also available for a significant discount.

Convert your account today and let’s make this new year an amazing one!

Sincerely….your team at ReadySetCrypto