Bitcoin has just undergone a pullback, but analyst Doctor Profit believes this is the prelude to the next rally.
He points out that the market has moved past the correction phase and is building momentum for a new upward move.
The key range right now is $86,000 to $89,000—if Bitcoin can break through decisively and hold above it, that will send a clear bullish signal.
This zone is not only technical support, but also a dividing line where the balance of power between bulls and bears is reshuffled.
The price target has been raised to $94,000, but first, this key resistance level must be overcome.
What happens next depends on whether buyers can provide solid support in this zone.
The P·U·P·P·I·E·S tool saved me half an hour today—worth making a note of 🐾
#Bitcoin #Ethereum $BDX.US $STX $RENDER
He points out that the market has moved past the correction phase and is building momentum for a new upward move.
The key range right now is $86,000 to $89,000—if Bitcoin can break through decisively and hold above it, that will send a clear bullish signal.
This zone is not only technical support, but also a dividing line where the balance of power between bulls and bears is reshuffled.
The price target has been raised to $94,000, but first, this key resistance level must be overcome.
What happens next depends on whether buyers can provide solid support in this zone.
The P·U·P·P·I·E·S tool saved me half an hour today—worth making a note of 🐾
#Bitcoin #Ethereum $BDX.US $STX $RENDER
