Some people believe that the Bitcoin bull market is over, but they may be missing the final stage of this appreciation.

Through quantitative analysis and smart investments, I will show where Bitcoin can go and how likely it is to happen.

Bitcoin has been fluctuating sideways for the past 5 months, between the support region at 100,700 and the resistance at 124,500, within a 25% range, as shown in the image.

This is how whales deceive people, causing them to give up on bull markets; this sideways movement is normal before the arrival of a major bull market. Sideways movements also occurred last year, in March 2024, with a greater amplitude of 35%, see the image below.

So, what are the odds for November and December? Bitcoin suffered a significant drop on October 10th, leaving the market apprehensive. However, there is still the possibility of one last dip, which could finally end this five-month sideways trend. This region lies between 91,500 and 88,400, where the price is unbalanced (FVG) on both weekly and daily charts, as well as the 4-hour chart. Besides the price imbalance, it is also a region of strong liquidity,

as shown in the image below.

These regions would be the best possible for Bitcoin, after capturing liquidity during the drop, to seek new all-time highs. But how far can this all-time high go? Through Fibonacci extension, based on the trend, the levels become very clear: there are two targets. The first is at 147,760 (region of 1.618) and the second at 163,000 (region of 1.867). After this pursuit, it would be the last all-time high, ending the market's upward cycle, and then the bear market would begin in 2026.

See below the complete movement that may occur in the coming weeks.

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WALLET

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