Bitcoin Reaches Our Price Target: A Recap from the Mastering Market Trend Webinar
Following up on our Earlier Post after the Mastering Market Trend class, we observed a shift in demand and supply dynamics in late April, within the context of a three-month downtrend that extended from January to April 2025.
After breaking above the outer boundary of our regression channel, price continued its upward movement (Demand > Supply), trending toward our first and second target levels.
Demand remains in control. In the absence of significant supply, price may consolidate at current levels and potentially break above its all-time high (ATH) of USD 109,300. We continue to monitor closely for any signs of emerging supply.
Disclaimers apply