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Bitcoin

NoName Maps Bitcoin’s Path From $75,000 to a $190,000 Cycle Peak

Image: TokenPost

Analyst NoName outlined a Bitcoin scenario beginning with a retreat to $75,000 and ending with a projected cycle peak near $190,000. NoName posted the roadmap Oct. 25 and described a new cycle as underway. The scenario first calls for Bitcoin to move down to $75,000 to fill a fair-value gap. NoName views that level as a possible starting point for an advance. The first major milestone on the way up is $100,000, followed by a return above $126,000, the prior high. The next major target is $160,000. NoName places the cycle top near $190,000 and describes the route as one that will not happen all at once.

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