![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-24-101645.png?resize=1024%2C505\")
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His base case now envisions a relief rally toward the $107,000\u2013$108,000 band\u2014the level where a trend-line projected from the two post-halving peaks intersects\u2014before a final leg lower drives price into what he calls the \u201cpain box\u201d sandwiched between the 0.702 and 0.618 Fibonacci retracements of the entire rally from last October\u2019s $58,000 breakout. In 2021 that zone ultimately wicked to the exact 0.618, a move he believes could repeat, implying spot levels between roughly $96,500 and $92,000. \u201cThis measurement fits the parameter now\u2026 if it wants to turn around and rip, great,\u201d he conceded, \u201cbut there\u2019s still a very good chance that was not the end.\u201d<\/p>\n
Internally, the analyst parses the current drop as the developing C-wave of a larger flat, subdividing into a classic five-wave impulse. Wave three, he notes, appears complete; wave four \u201ccould come up high,\u201d granting altcoins a short-lived pop, \u201cbut hopefully, again, sooner than later, we roll over.\u201d He cites 2021\u2019s July fractal, when Bitcoin bounced 20% before sliding a final time, as a psychological template. \u201cWhen there\u2019s a big news narrative event,\u201d he observed, \u201cwe\u2019ll get a little relief\u2014people think it\u2019s done\u2014then wham, one more thing to scare retail.\u201d<\/p>\n
Macro sentiment, he argues, remains fragile. The Chicago Mercantile Exchange gap at $92,000 is drawing \u201caverage-retail\u201d bids, a setup he characterises as a \u201cwashing machine\u201d in which professional money fronts liquidity only to fade it. \u201cRetail is just a washing machine, man\u2026 that buy isn\u2019t going to get filled,\u201d he warned. Still, he reiterated long-term optimism, revealing he \u201chammered some buys\u201d during Monday\u2019s dip and advising his followers to dollar-cost average\u2014\u201cnot financial advice\u201d\u2014through the turbulence.<\/p>\n
Quantum Ascend\u2019s upside target for the ensuing impulsive advance is comparatively restrained: $132,000, a level he says enjoys \u201ctwo pieces of confluence\u201d and would coincide with \u201cthe alts moment\u201d when Bitcoin dominance finally cracks. \u201cWe will eventually work our way back up near the top of this B-wave\u2026 flag a little, and then boom,\u201d he predicted, referencing November 2021\u2019s so-called \u201cTrump pump\u201d that ignited a multisector altcoin surge.<\/p>\n
For now, traders watch the 0.702\u20130.618 pocket and the mooted relief ceiling at $108,000. Should Bitcoin slice through support without that interim bounce, the analyst says, the flush could conclude \u201csooner than later,\u201d clearing the runway for what he calls \u201cthe next few months\u2014our moment.\u201d In his sign-off he urged viewers to \u201cbe an adult, live through it,\u201d but also confessed palpable excitement: \u201cI feel really good about where we\u2019re at.\u201d Whether the market shares his confidence will likely become clear once the final C-wave verdict arrives\u2014perhaps, he hopes, within the week.<\/p>\n
At press time, BTC traded at $105,077.<\/p>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/BTCUSDT_2025-06-24_11-12-01.png?resize=1024%2C454\")
<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin rallied above $105,000 in mid-morning European trading on Tuesday, clawing back losses sustained over the weekend after dipping below six figures for the first time since May. Yet the respite may prove fleeting, says veteran technician Quantum Ascend (@quantum_ascend). Bitcoin Price Mirrors 2021 On side-by-side charts of the current cycle and the 2021-to-2024 arc,…<\/p>\n","protected":false},"author":1,"featured_media":5544,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[56,55,69,417,61,120,121],"class_list":["post-5543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-price-analysis","tag-btc","tag-btc-news","tag-btc-price"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5543"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5544"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}