BTC FIB BREAKOUT
After Bitcoin's Fibonacci channel breakout, there are three possible TP levels, marked in red.
My personal opinion is that the first level might find sellers, leading to a test of the 83k level. At this point, I anticipate people flooding into the market, triggering FOMO (Fear of Missing Out). This could result in a temporary pullback, which I don't see as a problem but rather as a potential buying opportunity.
During bull markets, it's common for prices to rise without providing clear buying opportunities.
The chart includes an imaginary price movement, reflecting my expectations. Whether it plays out or not is irrelevant. What truly matters are the price and trend.
This is not financial advice.
My personal opinion is that the first level might find sellers, leading to a test of the 83k level. At this point, I anticipate people flooding into the market, triggering FOMO (Fear of Missing Out). This could result in a temporary pullback, which I don't see as a problem but rather as a potential buying opportunity.
During bull markets, it's common for prices to rise without providing clear buying opportunities.
The chart includes an imaginary price movement, reflecting my expectations. Whether it plays out or not is irrelevant. What truly matters are the price and trend.
This is not financial advice.
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