bullish

Hedera

Bitcoin

Strong

<p>Ash Crypto reveals evidence suggesting Bitcoin’s current rally may extend well beyond current price levels, potentially reaching $150,000 to $200,000. While some analysts point to <a href="https://www.investopedia.com/articles/trading/04/012804.asp" target="_blank" rel="noopener noreferrer nofollow">bearish divergence </a>on the daily RSI <a href="https://captainaltcoin.com/bitcoin-btc-price-faces-potential-correction-heres-why/" target="_blank" rel="noopener noreferrer nofollow">as a warning sign</a>, historical patterns paint a different picture.</p>
<p>The analyst draws attention to a notable parallel between Q4 2023 and current market conditions. During the previous quarter, Bitcoin demonstrated resilience by surging from $32,000 to $43,789, despite showing bearish divergence on the <a href="https://www.cointree.com/learn/relative-strength-index/" target="_blank" rel="noopener noreferrer nofollow">RSI indicator</a>. This same technical pattern is now emerging at higher price levels around $106,672.</p>
<p>Looking at previous market cycles, <a href="https://x.com/ashcryptoreal/status/1869004469478064290?s=46" target="_blank" rel="noopener noreferrer nofollow">Ash Crypto emphasizes</a> how similar technical setups have preceded significant price appreciation rather than marking local tops. The recurring nature of these patterns, particularly during strong uptrends, suggests the current RSI divergence may be another false bearish signal.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="931" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-931x1024.png" alt="" class="wp-image-602143" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-931x1024.png 931w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-273x300.png 273w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-767x844.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-1396x1536.png 1396w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-1861x2048.png 1861w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-136x150.png 136w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-100x110.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-318x350.png 318w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876-788x866.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-876.png 818w" sizes="(max-width: 931px) 100vw, 931px">
</figure>
<h2 class="wp-block-heading" id="price-target-analysis">Price Target Analysis</h2>
<p>Building on historical fractal analysis, the expert projects Bitcoin could reach between $150,000 and $200,000 in the coming period. This forecast draws strength from the asset’s demonstrated ability to continue climbing despite seemingly bearish technical indicators, as evidenced by the Q4 2023 price action.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/hedera-hbar-price-on-the-verge-of-50-spike-one-key-resistance-left/" target="_blank" rel="noopener noreferrer nofollow">Hedera (HBAR) Price on the Verge of 50% Spike, One Key Resistance Left</a></em></strong></p>
<p>While traditional technical analysis might suggest caution at current levels, the broader market structure and historical precedent support the possibility of continued upward momentum. The expert maintains that current RSI readings, rather than signaling an imminent top, may instead mark an interim point in Bitcoin’s larger bullish cycle.</p>
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<p>The post <a href="https://captainaltcoin.com/expert-disregards-this-strong-bitcoin-btc-bearish-signal-insists-200k-remains-target-heres-why/" rel="noopener noreferrer nofollow">Expert Disregards This Strong Bitcoin (BTC) Bearish Signal, Insists $200k Remains Target: Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Disregards This Strong Bitcoin (BTC) Bearish Signal, Insists $200k Remains Target: Here’s Why

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