marcosdaunte

Bitcoin (possible breakout to $100k?)

Long
marcosdaunte Updated   
COINBASE:BTCUSD   Bitcoin
Could Bitcoin see a touch down to $46377.00 with a possible uptrend heading to the price Target of 100k per BTC?
If Bitcoin fails at this key level, I would become slightly Bearish, with a floor at: $44423.00. If BTC breaks the "floor" I would expect a possible Bear market to follow (assuming an immediate uptrend doesn't follow this dip in price.)

If (when) Bitcoin break the $48k-$50k marker, I would expect this Bull Cycle to continue, with BTC's price target around $100k.
Comment:
BTC is seeing a drop at this moment, I believe this is the "floor" and Bitcoin might see an impending pump by 09-23-2021.
Comment:
BTC may have already hit the "floor" around $46770.00. If Bitcoin is able to hit the price target of $49k-$50k, I would expect the Bullish scenario to continue, with an overall price target around $100k-$132k.
Comment:
If BTC is able to make a higher-high by mid day (09-19-2021) I would expect the Bull Market to continue with a price target around $100k-$132k.

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