BTC Long-Term Outlook: Target $145K Before $247K Supercycle peakBitcoin / U.S. dollarBITSTAMP:BTCUSDDanielJamesPIn this chart setup, I am outlining a high-confluence macro projection for Bitcoin over the next 5 to 6 months and beyond, driven by key Fibonacci extension and retracement levels. 1. Phase 1: The Initial Expansion to $145,000 (1.272 Extension) Target: ~$145,000 Timeframe: Next 5–6 months Technical Basis: Following the breakout from the previous accumulation phase and previous All-Time Highs (ATH), the 1.272 Fibonacci Macro Extension aligns directly with the $145k zone. This region serves as our primary target for the first impulse leg of this cycle. 2. Phase 2: Macro Health Check / Mid-Cycle Pullback Pullback Zone: ~$82,000 Fib Level: 0.618 Fib Retracement Technical Basis: Once the $145k target is touched, we expect a mid-cycle correction to cool down momentum indicators (RSI/MACD) and test previous resistance as support. A 0.618 Fib pullback targets the $82,000 level, creating a high-probability re-entry/accumulation zone for the final expansion leg. 3. Phase 3: The Parabolic Expansion to $247,000 (1.618 Extension) Target: ~$247,000 Fib Level: 1.618 Fib Extension Technical Basis: Holding the $82k support zone sets up the final macro wave. Measuring the full expansion structure gives us the 1.618 Fibonacci Extension target right at $247,000, marking the potential cycle blow-off top.