Bitcoin Target Hit — Technical Levels Won After the Election Volatility
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Bitcoin went through heavy election volatility, but eventually the technical structure took control again.
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$BTC reclaimed the Daily 100 SMA and Weekly 50 SMA, then reacted from the Support Zone ($73,720-$76,260) and Long Liquidation area ($76,000-$76,320).
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That confluence gave us the bullish reaction I was waiting for — and Bitcoin reached my target.
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This is why I keep focusing on key zones even when the market becomes emotional around major events.
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I hope you were able to take advantage of the move and secure some profit.
⠀
What comes next for Bitcoin — continuation higher or another correction?
⠀
#bitcoin
⠀
Bitcoin went through heavy election volatility, but eventually the technical structure took control again.
⠀
$BTC reclaimed the Daily 100 SMA and Weekly 50 SMA, then reacted from the Support Zone ($73,720-$76,260) and Long Liquidation area ($76,000-$76,320).
⠀
That confluence gave us the bullish reaction I was waiting for — and Bitcoin reached my target.
⠀
This is why I keep focusing on key zones even when the market becomes emotional around major events.
⠀
I hope you were able to take advantage of the move and secure some profit.
⠀
What comes next for Bitcoin — continuation higher or another correction?
⠀
#bitcoin
