Bitcoin's Rocket Ride: Aiming for $110K
Chart Type: 2-Week Candlestick Chart
We are potentially in the early stages of Wave 5, which is expected to drive prices higher.
The chart suggests a bullish trajectory for Bitcoin, with a potential target around the 1.272 Fibonacci extension level, which is approximately 110k.
The EMA (21) serves as a key support level.
Happy trading!
We are potentially in the early stages of Wave 5, which is expected to drive prices higher.
The chart suggests a bullish trajectory for Bitcoin, with a potential target around the 1.272 Fibonacci extension level, which is approximately 110k.
The EMA (21) serves as a key support level.
Happy trading!
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.