BTC have gone though healthy correction last week but still bound to create the new All Time High (ATH) for the year in my opinion.
Based on current data using Coinmarketcap (CMC), if the Total Cryptomarketcap reached 3.795T at current dominance, BTC might hit $91,786.
On conservative note, using Compounded Annual Growth Rate (CAGR), BTC still looks positively bright to hit $119,834.
Possible end of wave 5 around last week of December or hyperbullish target ≈$ 300k.
Strong support is seen at previous resistance now becomes the support area around 52.6k.
Trade cautiously.
Disclaimer: Trading & investing have risk. Always Do Your Own Research (DYOR). Trade cautiously.
Based on current data using Coinmarketcap (CMC), if the Total Cryptomarketcap reached 3.795T at current dominance, BTC might hit $91,786.
On conservative note, using Compounded Annual Growth Rate (CAGR), BTC still looks positively bright to hit $119,834.
Possible end of wave 5 around last week of December or hyperbullish target ≈$ 300k.
Strong support is seen at previous resistance now becomes the support area around 52.6k.
Trade cautiously.
Disclaimer: Trading & investing have risk. Always Do Your Own Research (DYOR). Trade cautiously.