In this analysis, we are using 3 main things , JPMorgan's future price prediction and Accumulation Schematic #1 Wyckoff Events and Phases and also CME GAP would be used.
+ First, according to Stock-to-Flow (S2F), BTC will reach at least $100,000 dollar by December 2021. JPMorgan also gave higher expectation that BTC will reach $146,000 in 2021.
+ Secondly, CME GAP is between $24,000 - $26,000 zone. I predict that we will fill this zone soon.
+ Third, I am using Wyckoff model which is the most basic for trader. With this accumulation schematic, I expect that price currently in middle of Phase B at $40,000. With the future expectation BTC price will have a sprint to around $24,000 which also filled CME GAP. After that, we will move up from there with the expectation that BTC will reach $100,000 dollar by December 2021 (as you can see in the picture).
+ Last but not least , When MA 50 and MA 200 in daily TF cross in phase C, that would be amazing when BTC price will move higher from that cross.
Overall, combined all these things above, we have the most logic Bitcoin move to satisfy all three expectation. If this move really play, we might have risk very small with huge reward.
This is not financial advice.