Bitcoin continues to develop a structure where the current price point is in a position similar to where the Euro was in April 1980. Turning points for each move upward since 2022 have been identified in the following chart. Bitcoin Non-Commercial Futures Trader Net positions indicate another move upward is expected this year. This would place Bitcoin near its high to be in line with the Engrbytrade™ Bitcoin Model page.
Note that this information is for educational purposes only and not a recommendation.
