Bitcoin: Final Push in the 60-Day Cycle?

Bitcoin appears to be making its final move higher within the current 60-day cycle. We could potentially see a push into the $121K–$122K range before a sharp correction takes us down to around $110K–$112K toward the end of the month, driven by the 3-day cycle timing.

After that, we’re likely to form a new 60-day cycle low, which could set the stage for a renewed move to the upside.

Is it time to go long?
At this point, the risk/reward doesn’t look favorable for new longs. Personally, I’m watching for one final push above $120K to consider opening a short position into the expected cycle low.