🅱️ First Time Ever... Will Bitcoin Hit $100,000 Next?

We are in the same situation as always... It seems pretty hard to adapt to change, but reality is always changing, we are always changing; life is always in constant change ... Bitcoin is the same.

Now, the question is 100% clear.
➖ Is the correction over?
➖ Will Bitcoin move now to $100K?

The truth is that it is hard to say or predict, anything goes; the market is young and evolving so anything can happen. Do not get caught in anyone situation/scenario because the moment that happens, that's the moment we are wrong. So we open up, for all possibilities and then we focus on the chart.

The chart has lots of data and there are endless indicators we can use, there is always so much. There is so much data available that we can predict with a very high level of accuracy what direction the market will take. It might be hard to do it in the really short-term, but it can be easy if we focus on the bigger picture and that's what we are doing today.

➖ Bitcoin managed to break EMA100 as support on the daily timeframe. It is the first time that EMA100 is lost as support after a new All-Time High since May 2021. It is the first time that Bitcoin moves below a medium-term indicator after growing for more than a year and after hitting the highest price it has been trading at in more than two years. This is a major development.

Prices going down is something extremely bearish. It is the strongest signal of all; price action. Bitcoin has been going down. Bitcoin is currently bearish.

Then we have the RSI being really weak, below 40...

A major correction is already taking place.

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Thanks a lot for your continued support.

Namaste.