"Correction Is Over!” Analyst Who Called the $60K Bitcoin Bottom Predict. $94k next
Bitcoin bounced from $80,300 to $84,000 and the correction may be done.
Recap:
$60K bottom defended earlier
$88K top formed bearish divergence
$86.2K - $89.5K was major rejection zone
$80,600 held as support, triggering a strong bounce
Next Target in focus: $94,000
Why momentum flipped?
RSI bearish divergence flushed
MACD and MFI reset
$80K - $80.6K held
Excess leverage cleared
Chart Levels That Matter:
Support: $80K - $80.6K
Resistance: $86K - $89K
For $94K to become realistic, BTC must reclaim $86K - $89K and flip it from resistance to support with strong spot demand. If it fails again, BTC likely stays in $80K - $87K range.
Key question: Can $86K - $89K turn into support?
Follow for more.
$BTC
#BTCDominanceBackAt60% #UKHighCourtRulesChineseLawGovernsBitcoinClaims #bitcoin #BTC94KIncoming #crypto
Bitcoin bounced from $80,300 to $84,000 and the correction may be done.
Recap:
$60K bottom defended earlier
$88K top formed bearish divergence
$86.2K - $89.5K was major rejection zone
$80,600 held as support, triggering a strong bounce
Next Target in focus: $94,000
Why momentum flipped?
RSI bearish divergence flushed
MACD and MFI reset
$80K - $80.6K held
Excess leverage cleared
Chart Levels That Matter:
Support: $80K - $80.6K
Resistance: $86K - $89K
For $94K to become realistic, BTC must reclaim $86K - $89K and flip it from resistance to support with strong spot demand. If it fails again, BTC likely stays in $80K - $87K range.
Key question: Can $86K - $89K turn into support?
Follow for more.
$BTC
#BTCDominanceBackAt60% #UKHighCourtRulesChineseLawGovernsBitcoinClaims #bitcoin #BTC94KIncoming #crypto