
Jakarta, Pintu News – Bitcoin is projected to reach US$215,000 in the next cycle according to the latest analysis. With a conversion of 1 USD = Rp16,997, the target is equivalent to around Rp3,654,355,000 per BTC. This prediction comes from an analysis of the crypto market cycle that shows the phase of investor psychology heading towards a new peak.
Analysts call February a classic bear trap phase. During this period, Bitcoin price moved low and investors were skeptical of the rally. Smart money started accumulating instead.
Retail investors saw the small gains as a fake rally. Yet silent accumulation takes place. This phase often comes before a bull run.
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In March, the market experienced its last shakeout. Weak investors sold assets as prices fell. Momentum began to slowly change.
Optimism started to return towards the end of the month. Investors begin to believe a rally is imminent. This phase is usually the start of an uptrend.
Analysts predict April to be a phase of capital rotation. Funds start flowing from Bitcoin to altcoins. This is often called altcoin season.
Market sentiment turns to FOMO. Traders start opening long positions. Market confidence increases.

Bitcoin is expected to reach US$215,000 in May. This level is equivalent to around Rp3,654,355,000. An increase of more than 200% from the current price.
This phase is usually characterized by euphoria. Late investors start to enter. The risk of buying at the peak increases.
After the peak, the market could potentially enter a bull trap. Prices briefly rise before falling. Investors are getting anxious.
The distribution phase is expected to occur from July to August. Early holders start profit taking. The crypto market has the potential to enter a bear phase.
Bitcoin (BTC) cycles are often influenced by market psychology. The accumulation, FOMO, and euphoria phases occur repeatedly. Understanding the cycles helps with trading strategies.
You need to maintain liquidity and not FOMO. High targets are often followed by sharp corrections. The cryptocurrency market is highly dependent on sentiment.
Also Read: 3 Ethereum Signals: Could It Break Rp40 Million or Fall Again?
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.