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View: Bitcoin may first fill the gap 75000 USD; this cycle’s target is 190000 USD BlockBeats reports that October 25, analyst NoName published a roadmap outlining Bitcoin’s route in this cycle. The analyst said that a new cycle has begun, and expects Bitcoin to first retreat toward 75000 USD to fill the fair value gap, then rise from this potential launch point, ultimately targeting a cycle high of approximately 190000 USD. The path will not be completed in one step.

The key price levels highlighted by the analyst are, in order: 75000 USD as the gap-fill and potential launch level, 100000 USD as the first major milestone on the way up, 126000 USD as the key prior high that must be reclaimed, 160000 USD as the next major target during the expansion phase, and 190000 USD as the expected cycle top.

Original link https://m.theblockbeats.info/flash/373600