Reminder that the goal of 100k bitcoin is possible!
Hello Bitcoin traders!
BTCUSD is forming a correction from the highs since reaching the $74,050 mark. But! At the same time, an ascending triangle is forming, which theoretically should see the price break the resistance at $72,750 and grow further.
It is worth noting that the mentioned support around the $65,500 and $65,000 areas could be followed by a correction to support potential accumulation before further growth. A retest of the resistance level will show that the coin is ready to break this zone and continue rising towards the resistance level of the range. The target in this case is 100k USD, because statistically, the strongest volatility is after a false breakout. I expect consolidation above the breakout resistance, where a potential correction to consolidation could favor the bulls.
Ahead of the halving news, we can expect a significant bullish scenario. And you guys, do you agree with me?
BTCUSD is forming a correction from the highs since reaching the $74,050 mark. But! At the same time, an ascending triangle is forming, which theoretically should see the price break the resistance at $72,750 and grow further.
It is worth noting that the mentioned support around the $65,500 and $65,000 areas could be followed by a correction to support potential accumulation before further growth. A retest of the resistance level will show that the coin is ready to break this zone and continue rising towards the resistance level of the range. The target in this case is 100k USD, because statistically, the strongest volatility is after a false breakout. I expect consolidation above the breakout resistance, where a potential correction to consolidation could favor the bulls.
Ahead of the halving news, we can expect a significant bullish scenario. And you guys, do you agree with me?
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