HomeUncategorizedBitcoin price model expects $45K ‘phase’ to hit in November By Cointelegraph

Bitcoin price model expects $45K ‘phase’ to hit in November By Cointelegraph

October 26, 2023

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© Reuters.

(BTC) is on track to hit $45,000 in November as part of a classic BTC price cycle, popular analyst CryptoCon said.

In an X thread on Oct. 25, the Bitcoin price model creator turned his attention to one based on Fibonacci retracement levels.

Bitcoin Mid-Cycle Fibonacci Phases chart. Source: CryptoCon/X
chart with Fibonacci resistance levels. Source: CryptoCon/X
Bitcoin price cycle comparison. Source: Rekt Capital/X