๐ Bitcoin Update ๐
Current Price: $103,181
๐ Technical Analysis:
Resistance: $105,310 (Fibo 0.62)
If this level is breached, the next targets are $110K - $124K.
Support: $100,000 (Key psychological level)
Losing this level could trigger a move down to $49,500 (Fibo 0.5) and $43,670 (Fibo 0.618).
๐ General Outlook:
Bitcoin remains in a strong uptrend, but $105K is a critical resistance. Short-term corrections could occur due to profit-taking. If momentum holds, new all-time highs are possible.
๐ฅ Altseason Insight:
Altcoin Season is expected to continue between Dec 10, 2024 - March 10, 2025.
โ ๏ธ Warning: A significant drop could follow after this period!
#Bitcoin #Crypto #Altseason #TechnicalAnalysis ๐
Current Price: $103,181
๐ Technical Analysis:
Resistance: $105,310 (Fibo 0.62)
If this level is breached, the next targets are $110K - $124K.
Support: $100,000 (Key psychological level)
Losing this level could trigger a move down to $49,500 (Fibo 0.5) and $43,670 (Fibo 0.618).
๐ General Outlook:
Bitcoin remains in a strong uptrend, but $105K is a critical resistance. Short-term corrections could occur due to profit-taking. If momentum holds, new all-time highs are possible.
๐ฅ Altseason Insight:
Altcoin Season is expected to continue between Dec 10, 2024 - March 10, 2025.
โ ๏ธ Warning: A significant drop could follow after this period!
#Bitcoin #Crypto #Altseason #TechnicalAnalysis ๐
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.