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Camel / ARTICLE

Whilst we are here, might as well update on Bitcoin too: The idea was we would find a weekly cycle low and look for approx. a double. At the time, the low was yet to be confirmed, but it looks like it has since confirmed, about 2k lower than I said in the last post. As such, the upside target is a 100% move from the low which currently sits at ~76K, giving us an upside target of ~152k. Price still lacks follow through, but should start showing us that soon enough. Similar to the stocks, the low needs to hold here or we have to start to put much more serious downside scenarios on the table.

Published Mar 27, 2025Updated Mar 27, 20252 min read
Whilst we are here, might as well update on Bitcoin too: The idea was we would find a weekly cycle low and look for approx. a double. At the time, the low was yet to be confirmed, but it looks like it has since confirmed, about 2k lower than I said in the last post. As such, the upside target is a 100% move from the low which currently sits at ~76K, giving us an upside target of ~152k. Price still lacks follow through, but should start showing us that soon enough. Similar to the stocks, the low needs to hold here or we have to start to put much more serious downside scenarios on the table.
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