BTC is capable to hit 100k more than u think
BTC / USDT
I think BTC started a new bull wave and The 100k is very logic target at end of cycle ,Heres why :
100k price is equal to 1.618 level of last big wave which is golden resistance level (Usually one of most important resistances in Bullruns )
Also BTC halving is after 2 months only … which is a very bullish historical moment and BTC always make a new ATH after this event
another bullish sign we still above 20W EMA (like 2021 bullrun)
20W EMA was always a sign of strength during bullruns in high time frames so all basics say we are strong bullish
But there are an obstacles which are:
First obstacle: area around 58k (tough resistance) bulls must break this level and make an stability above it in order to continue
Second obstacle: ATH level but according to BTC history… BTC never made double top before so i dont see it as much of important as first one
The journey wont be easy, strong corrections and flash crashs will happen in between as the price dont move in one direction as usual :)
I think BTC started a new bull wave and The 100k is very logic target at end of cycle ,Heres why :
100k price is equal to 1.618 level of last big wave which is golden resistance level (Usually one of most important resistances in Bullruns )
Also BTC halving is after 2 months only … which is a very bullish historical moment and BTC always make a new ATH after this event
another bullish sign we still above 20W EMA (like 2021 bullrun)
But there are an obstacles which are:
First obstacle: area around 58k (tough resistance) bulls must break this level and make an stability above it in order to continue
Second obstacle: ATH level but according to BTC history… BTC never made double top before so i dont see it as much of important as first one
The journey wont be easy, strong corrections and flash crashs will happen in between as the price dont move in one direction as usual :)
Comment:
BTC still fighting against resistance in last update
As i said this is major one and breaking it wont be easy because its the higher range in which BTC always drop from since more than 1 year
Breaking it = will lead a huge upward move
As i said this is major one and breaking it wont be easy because its the higher range in which BTC always drop from since more than 1 year
Breaking it = will lead a huge upward move
Comment:
BTC UPDATE
BTC
followed my first arrow and now is around our strong resistance 58k
This is the final huge resistance before ATH
Lets see the reaction here…
BTC
followed my first arrow and now is around our strong resistance 58k This is the final huge resistance before ATH
Lets see the reaction here…
Comment:
BTC finally broke previous ATH
another update soon keep tuned
another update soon keep tuned
This is important resistance cluster
If we will breakout here we can see a 10k pump in 1 candle !