The Three Phases of Bitcoin Expansion and the Path to $150,000

Bitcoin is a topic that traders and analysts are extremely interested in, especially when it approaches important price milestones. Over the years, its price fluctuations have followed identifiable patterns, often determined by distinct cycles. One such pattern, the "2-year Channel Up", has played a crucial role in charting Bitcoin's journey in this bull market. Initially discussed in August, this model set the stage for predictions that Bitcoin could reach $100,000. However, upon closer inspection using the 1W (one week) timeframe, it reveals even broader potential, with a target of $150,000 before summer. Please provide the text to be translated. The expansion phases are defined The current Bitcoin cycle can be divided into three main 'Expansion Phases'. Each phase is marked by a surge, followed by a consolidation, and then another surge. Here is a deeper look into the characteristics of these phases: Stage 1: Determined by the initial breakthrough from the market price bottom. The price continuously increases, establishing momentum and setting the foundation for the 2-year Channel Up pattern. Consolidation occurs within the Fibonacci retracement range of 0.382 - 0.5, allowing the market to stabilize before continuing the upward trajectory. Stage 2: Marked by a stronger upward movement as confidence in Bitcoin's recovery is reinforced. The consolidation within this stage also adheres to a similar Fibonacci range, creating a sideways pattern on the 1-week RSI (Relative Strength Index). This stage demonstrates the ability to sustain higher Bitcoin prices while building momentum for the next price increase. Stage 3 (Current stage): Bitcoin is currently in the third expansion stage, based on the development momentum of the previous two stages. Consolidation once again occurs within the Fibonacci retracement range of 0.382 - 0.5, indicated by both price action and the pause in the upward movement of the 1-week RSI. The implications of Phase 3 expansion The repetitive structure of reinforcement in Fibonacci levels provides a reliable signal to assess the next move of Bitcoin. If the current phase follows the trajectory of the previous phase: Bitcoin has "a lot of room to grow" after completing the ongoing consolidation phase. Historical patterns and technical indicators suggest that Bitcoin could reach $150,000 in the current price cycle. Key indicators support the goal of $150,000 The 2-year channel: This governance model is a consistent guide throughout the bull market. Bitcoin has respected the boundaries of this channel, proving its reliability for long-term trend analysis. RSI 1W: The RSI indicator is oscillating at important convergence points, providing a stable market signal before a significant breakthrough. The continued upward momentum of RSI will support the movement towards the expected target. Fibonacci level: The consolidation phase within the range of 0.382 - 0.5 is consistent with previous patterns, reinforcing the potential for another price increase. Market sentiment: As Bitcoin becomes more and more popular among organizations and institutions, demand may accelerate its price trajectory, especially in the later stages of the bull market. Conclusion Technical evidence and history suggest that Bitcoin remains in a good position to continue growing in the coming months. Although the current consolidation in Phase 3 Expansion may test patience, it serves as a precursor to significant upward movement. If Bitcoin follows its established pattern, the target of $150,000 before summer will become a reasonable milestone. As usual, traders and investors should consider market risks and external factors, but the technical roadmap provides clear indications of Bitcoin's potential in this cycle. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)