Analysis $BTC 12/04/2024
#BTC, it couldn't be more predictable than this lol. The bears tried to push the price below $94,800 again, but this time they didn't go far enough and as expected that region had good support.

See that the price is perfectly following what I mentioned yesterday, and #altcoin are performing well, of course this time it was up to the Depin Sector and Metaverse to make good numbers with Gala and Sand, both above +20% (and others).

I believe that most will now be optimistic again lol, since we are clearly heading to $105K, as we expected.

Now things look GREAT to me, see that we quickly recovered the EMA 50 (4h). and even with the price skyrocketing, we still have a good RSI and giving us room to run a little higher.

Gentlemen, I mentioned yesterday that the BEARS at $98K were showing weakness, and honestly... we are about to prove it with the price quickly rising to $100K.

A break of the $99K level and a close of the daily candle there leaves us directly at $105K. You may not believe it, but that is where we are headed.

I know many will attribute this jump to Powell with his quick shift in the favorable direction for Bitcoin, but with or without him, we would still go to $100K. If you didn't notice Powell's apology to the entire Crypto community when he says "Bitcoin is like Gold..." then you don't want an apology, you want to see him humiliate himself lol.

Anyway guys, we were right here in calling up while most were calling down.

Not much more to say here...
The BULLS in sight and the BULLS Perps are in sync here guys, so hold on tight, let's go up!

$105K Soon!

* If you have any questions, don't hesitate, go to my INSTA (it's in the pinned image of my profile here), call me and ask your questions.