🔺Bitcoin (BTCUSDT): We are still targeting our previous target of $200,000. The price has moved or reversed exactly from the area identified in our recent analysis. It is currently trading at $72,000 with strong bullish volume.
🔺 Our first target is $104,000, the liquidity void area, which will be reached once the price hits this level. A small bearish correction is possible after the correction is completed, after which the price could move towards $124,000.
🔺Furthermore, our final target on the chart is $134,000. However, we are targeting $200,000. This may seem an unrealistic target to some, but with a long-term view, we believe the price could reach it. We recommend patience, setting stop-loss and entry points and making a well-considered decision.
🔺This analysis is based on technical analysis and incorporates some fundamental thinking. However, we strongly advise conducting your own research.
🔺 Our first target is $104,000, the liquidity void area, which will be reached once the price hits this level. A small bearish correction is possible after the correction is completed, after which the price could move towards $124,000.
🔺Furthermore, our final target on the chart is $134,000. However, we are targeting $200,000. This may seem an unrealistic target to some, but with a long-term view, we believe the price could reach it. We recommend patience, setting stop-loss and entry points and making a well-considered decision.
🔺This analysis is based on technical analysis and incorporates some fundamental thinking. However, we strongly advise conducting your own research.
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Disclaimer
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