Potential for BTC below $16,750 by end of Q4 2025 If Bitcoin follows the liquidity index in the chart provided, I would argue BTC will be well below $16K by end of 2025. I say this because my view is of a cup and handle pattern that started end of 2021 and appeared to breakout around Oct. 23' By February 2025, it will have appeared to be a false signal if it moves in line with the liquidity index. I believe it will continue down confirming a false breakout of the cup and handle. By Q4 2025, the BTC chart will look awful and the price will move well below 16K. -------------------- Additional arguments - 1. The volume of actual btc that traded during the "breakout" wasn't overwhelming. In fact, a large percentage of the purchases were just two entities $MSTR and $MARA ( also, $MARA stopped selling their mined coins as well, reducing sell side pressure). 2. Liquidity of BTC on exchange is low. This can lead to increased volatility both up and down on the chart. Notice, this issue is labeled as a reason cup and handle pattern may give a false signal during a "breakout". 3. Low liquidity could also increase volatility to the downside if large sales are made. Mt. Gox , other long-term dormant whale wallets, and other large players have moved BTC on exchange often signaling near term sales of the coins. 4. Large geopolitical risks are on the table. A black swan event could force large sales of numerous assets across the board. With the extreme amount of leverage being used by $MSTR and others, losses could be multipled significantly. 5. It is generally agreed by buttcoiners and bitcoin maxis that BTC has a value simply because enough people agree that is does. If a huge sell-off takes place. If $MSTR goes bankrupt. If broker-dealers go bankrupt.... big problem. If Tether depegs because of the turmoil.... The loss of confidence in crypto as a whole would be immense. It could taint BTC for generations. It could essentially destroy it for a century.... or more.

MicroStrategy now owns 2% of all Bitcoins that will ever exist after purchasing additional 21,550 Bitcoins for $2 billion, total holdings stand at 423,650 BTC acquired for $25.6 Billion.

Bitcoin To $200,000, Ethereum To $10,000 And Crypto Market Cap To 4X By End Of 2025, Says Standard Chartered