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This chart analysis suggests Bitcoin may be in a W4 correction phase, with a target correction zone around $56k, anticipating a trend reversal by May 4th. Long entry triggers are awaited for potential positions riding the W5 wave up to the $95k zone, with a disclaimer to conduct individual research before trading.
Bitcoin’s Make-Or-Break Moment: Trading Guru Predicts Rally Amid Market Uncertainty Peter Brandt forecasts Bitcoin could surge to $74,000, sparking debate within the crypto community. If Bitcoin can hold these lows and move higher the chart will qualify as a very common bull market continuation chart construction.