Bitcoin - It Will Reach $100.000!

Updated
Bitcoin (BTCUSD) will break out soon:

snapshot

Click chart above to see the detailed analysis👆🏻

Everything, and I literally mean everything, is bullish on Bitcoin. The previous cycles, timeframes, market structure and price action are all pointing towards the continuation of the bull run which started in 2023. And a breakout above the all time high, is the next trigger.

Levels to watch: $70.000, $100.000

Keep your long term vision,
Philip (BasicTrading)

Trade active
Trading update on Bitcoin (BTCUSD):

snapshot

Click chart above to see the detailed analysis👆🏻

Bitcoin is once again rejecting the previous all time high resistance but it is definitely not the time to be worried at all. Even if Bitcoin comes back to retest the lower support of the channel pattern - which would mean a -50% correction - Bitcoin would still be bullish.

Levels to watch: $70.000, 30.000

Keep your long term vision,
Philip (BasicTrading)
alltimehighBitcoin (Cryptocurrency)bitcoinpricebreakoutBTCUSDbullrunChart PatternscryptocryptomarketpatterntradingTrend AnalysisWave Analysis

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