Bitcoin Analyst Releases 6-Month Roadmap Targeting $188,000 Price
Bitcoin is currently priced above $100,000, with analyst Leo Hart outlining a six-month roadmap predicting a potential rally to $188,000. Key stages in his analysis include:
- **Stage 1: Maximum Power Law Trend Departure** - Target of $108,000 within two weeks.
- **Stage 2: Maximum Absolute Wave Height (MAWH)** - Target of $145,500 by July, potentially marking a new all-time high.
- **Stage 3: Red Zone Entry Point (RZEP)** - Anticipated target of $188,000 in four months.
- **Stage 4: Zero Gravity and Re-entry** - Suggests a market phase followed by a potential downturn.
Other analysts support the bullish sentiment, noting that Bitcoin must maintain support between $97,000 and $99,000 to continue its upward trajectory. Current price stands at approximately $103,400.
