BTCUSDT was sell trend
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Describe it in more details BTCUSDT WANT BULLISH ZONE AT 91.7K $ AND ITS TECHNICAL TARGET is 100k $ and second target is 108k $
ChatGPT said:
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The statement suggests that the price of Bitcoin (BTC) against USDT is currently positioned to enter a "bullish zone," with the immediate target for this movement being $91,700. This level is considered crucial for confirming a continued upward trend. If Bitcoin breaks and holds above this zone, it could signal strong bullish momentum, pushing it towards higher targets.
Primary Target: $100,000: Once Bitcoin breaks above $91,700, the first major price point of interest is $100,000. This is a psychological level and could act as a significant resistance point, where traders may expect price consolidation or retracement before further upward movement.
Secondary Target: $108,000: The second target at $108,000 indicates a further extension of the bullish trend. This level could be based on technical analysis, such as Fibonacci retracements, previous resistance zones, or other chart patterns that suggest this as the next significant area of resistance.
Log in
You said:
Describe it in more details BTCUSDT WANT BULLISH ZONE AT 91.7K $ AND ITS TECHNICAL TARGET is 100k $ and second target is 108k $
ChatGPT said:
ChatGPT
The statement suggests that the price of Bitcoin (BTC) against USDT is currently positioned to enter a "bullish zone," with the immediate target for this movement being $91,700. This level is considered crucial for confirming a continued upward trend. If Bitcoin breaks and holds above this zone, it could signal strong bullish momentum, pushing it towards higher targets.
Primary Target: $100,000: Once Bitcoin breaks above $91,700, the first major price point of interest is $100,000. This is a psychological level and could act as a significant resistance point, where traders may expect price consolidation or retracement before further upward movement.
Secondary Target: $108,000: The second target at $108,000 indicates a further extension of the bullish trend. This level could be based on technical analysis, such as Fibonacci retracements, previous resistance zones, or other chart patterns that suggest this as the next significant area of resistance.
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