BTC's Potential Up to 77K & Down to 130K? Here’s Why
87
BTCUSDT has both bullish and bearish scenarios in play now. These days, the crypto market has been stagnant—no real pump, no real dump.
🔻 If it drops, how low will it go? There’s a potential multiple-top pattern. If BTC breaks below the neckline at $92,000 with volume—or fails to reclaim it—then the target drop sits at $77,000.
🚀 If it pumps, how high can it go? A potential multiple-bottom pattern is forming. If BITCOIN breaks above the neckline at $107,000 with volume—or successfully retests it—then the target is $130,000.
🔥 Short-term strategy The Feb 3rd candle had significant volume and has been a key resistance level multiple times. This makes it a strong reference point for entries. (See orange & light blue arrows.)
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.
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.