In his latest analysis, Ivan On Tech dives into Bitcoin’s recent surge to $76K, emphasizing that this rally is still in its early stages.
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While some may think they’ve “missed out,” Ivan insists that the real breakout is yet to come, with potential price points like $90K and $100K just around the corner.
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Once Bitcoin hits these levels, Ivan believes it could enter the most extreme part of the cycle, where a rapid climb to hundreds of thousands is entirely plausible.
Looking at historical patterns, Ivan notes that during previous bull runs, the sharpest gains happened in the final months. He draws comparisons to the 2017 cycle, where Bitcoin jumped from $4K to $20K in a matter of weeks. Ivan forecasts a similar pattern, where Bitcoin could quickly do a giant leap.
Ivan is also paying close attention to Ethereum, which he suggests may be on the verge of entering “beast mode” as it tries to catch up with Bitcoin. Additionally, he highlights the trend of meme coins gaining traction again. For Ivan, the current market conditions are perfectly set for what could be Bitcoin’s most thrilling bull run yet.
