Bitcoin breaks the daily peak at 82828.70$
Next target 85686$ Here we have two scenarios:
The first scenario: the bulls’ trap:
This rally could be a trap to lure retail traders into believing the price is heading to $100,000..
In this scenario it rises to 85k then reverses and moves downward.
The second scenario: the real breakout:
If a daily candle closes completely—or at the very least a four-hour candle—with a clear body above 85686$ with large trading volume and liquidity inflow, then the move is real and the next target will be 90700$
Next target 85686$ Here we have two scenarios:
The first scenario: the bulls’ trap:
This rally could be a trap to lure retail traders into believing the price is heading to $100,000..
In this scenario it rises to 85k then reverses and moves downward.
The second scenario: the real breakout:
If a daily candle closes completely—or at the very least a four-hour candle—with a clear body above 85686$ with large trading volume and liquidity inflow, then the move is real and the next target will be 90700$