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Today I reviewed Bitcoin's historical price movements
Will Bitcoin follow these three trends in the future?
1 Bitcoin has a mid-term movement pattern. (Moderate probability)
If Bitcoin replicates the 4-year cycle pattern and mirrors the 2022 trend, then in 2026 Bitcoin will at least reach around 48,000. This is the most standard movement for the latest cycle.
2 There is also a pessimistic scenario. (Moderate probability)
A deep wash-out pattern where Bitcoin could drop to around 38,000 or even 28,000.
3 There is also an optimistic scenario. (Moderate probability)
If Bitcoin follows wave structure principles, generally the wave structure should take precedence over everything. Bitcoin should complete abc waves. Therefore, 2026 would be a year of major consolidation. If Bitcoin undergoes major consolidation as a foundation for the next bull market and preparation for future rallies, then Bitcoin won't drop as deep, with 60,000-55,000 being the final low point nearby. After that, there would be major consolidation between 55,000-100,000. This is the most optimistic scenario.
Which path Bitcoin will ultimately take remains to be seen.