$BTC The artist is at work!
In my personal view, the B-wave upside isn’t enough, and a second bottoming attempt wouldn’t go deep enough either.
Since all this bearish news hasn’t managed to push Bitcoin below 80,000, this is how I see things:
If the daily chart breaks above and holds 84,500–85,000, then we’ll look toward 90,000–92,500 together. The maximum would be below 100,000.
After that, it’ll start making a second attempt at the bottom (that’s a possible later move—let’s not focus on it yet).
By the way, with a daily golden cross above the zero line and oversold conditions, my fellow bears, watch your risk!
(Personal opinion only, for reference—not investment advice!)
$BTC
In my personal view, the B-wave upside isn’t enough, and a second bottoming attempt wouldn’t go deep enough either.
Since all this bearish news hasn’t managed to push Bitcoin below 80,000, this is how I see things:
If the daily chart breaks above and holds 84,500–85,000, then we’ll look toward 90,000–92,500 together. The maximum would be below 100,000.
After that, it’ll start making a second attempt at the bottom (that’s a possible later move—let’s not focus on it yet).
By the way, with a daily golden cross above the zero line and oversold conditions, my fellow bears, watch your risk!
(Personal opinion only, for reference—not investment advice!)
$BTC