33% Chance Bitcoin Already Topped—Brace For $52,000
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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Veteran crypto analyst Bob Loukas has reduced his Bitcoin exposure, warning followers that while the bull cycle remains intact, the probability that Bitcoin has already peaked for this four-year cycle has materially increased. In an update published April 8th, Loukas detailed the rationale behind selling one-third of his model portfolio at $79,500, citing both technical deterioration and a worsening macroeconomic backdrop. “I still think we have the ability to push later in the year or even early next year to a high in the four-year cycle,” Loukas said. However, he emphasized that recent price action and structural breakdowns in the charts demanded a more cautious approach. “I’m not calling for this to be the top in the cycle,” he clarified, “but I’m saying that the probability of it being a top has increased… from that low risk possibility to something that is maybe more like a third—you know, a 33% chance.” Bitcoin Bull In Doubt The portfolio shift, which brings the model’s Bitcoin allocation down to 27 BTC with the remainder in cash, is not a call for imminent collapse but a hedge against rising downside risk. Loukas stressed that his decision was not reactive or impulsive but rather aligned with a long-standing strategy informed by the cyclical structure of Bitcoin’s price history. He referred back to his February video where he warned that if the next weekly cycle failed to hold support and took out recent lows, it…
Filed under: News - @ April 9, 2025 10:23 pm