BTC/USD : More Bullish Move Ahead? (READ THE CAPTION)
Analyzing the #Bitcoin chart on the weekly timeframe, we observe that over the past week, Bitcoin experienced a correction after its rise to $99,588, pulling back by 8% and reaching $90,700. However, in the last two days, Bitcoin has shown renewed demand and has managed to climb back to the $98,000 level.
The big question now is whether Bitcoin can finally hit the key $100,000 target within the next two days. If this crucial level is broken, we are likely to witness an initial wave of selling pressure, followed by a potential continuation toward higher targets. The next probable levels to watch for are $111,000, $122,000, $129,000, and $139,500.
This analysis will be updated as price action unfolds. Stay tuned! 🚀
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
The big question now is whether Bitcoin can finally hit the key $100,000 target within the next two days. If this crucial level is broken, we are likely to witness an initial wave of selling pressure, followed by a potential continuation toward higher targets. The next probable levels to watch for are $111,000, $122,000, $129,000, and $139,500.
This analysis will be updated as price action unfolds. Stay tuned! 🚀
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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