Bitcoin Price Prediction: Two Final Rallies Before Correction

CryptoQuant analyst Axel Adler Jr. dey give fresh Bitcoin price prediction wey forecast say two more upward rallies go happen before market correction. Him analysis focus on one on-chain metric wey pass 1.9 for March and December 2024 but now e dey form lower high, mean say long-term holders dey dey take more profit. This Bitcoin price prediction dey show say investor risk appetite dey weak for late bull cycles. As margins dey small pass investors’ cost basis, supply and demand imbalance dey increase. Every rally dey give small gains, show say holders dey more ready to sell and lock profit. Macroeconomic factors also dey back this view. Adler talk about two expected U.S. Federal Reserve rate cuts dis year, way fit bring liquidity and boost crypto demand. But softer rate decisions fit mean say wider economic wahala dey, fit trigger “sell-the-news” reactions. Traders suppose take this Bitcoin price prediction plus solid risk management. E important to set profit targets and stop-loss levels. Make dem diversify across assets and sabi difference between short-term trading chance and long-term investment strategy go help dem handle the predicted rallies and the correction wey go follow.
Neutral
Axel Adler Jr. forecast dey combine short-term bullish signals—two more rallies wey on-chain metrics and expected Fed rate cuts go drive—with one correction wey fit happen when profit-taking go strong. Dis balanced outlook dey mirror past cycles wey late-stage rallies dey come before downturns, like Bitcoin peak for 2017 and di end of 2021 bull run. For short term, traders fit use di predicted rallies (bullish feeling), but di correction wey go come need make dem cautious (bearish meaning). Overall, mixed signals make am good to hold neutral stance. Investors suppose dey watch on-chain indicators, market feeling, and macroeconomic developments to sabi when to enter and exit market well well.