BTC Update: Approaching Key Levels – Correction and Final Surge
Considering the current BINANCE:BTCUSDT movement dynamics, this distribution model seems the most likely. In the next few days, COINBASE:BTCUSD will likely break through the psychological 100k mark. Once in the 100-108k range, we can expect a sharp, deep correction.
Once that correction completes, the asset will continue its upward movement, reaching levels between 110-140k per coin.
The global BINGX:BTCUSDT.P chart now looks like this.