$BTC: The Road to $100K Might Not Be a Straight Line
Bitcoin has reportedly approached $81,000 following a 7% move in 24 hours. But a strong rebound doesn't necessarily mean the correction is over.
My working scenario for the next 60 days involves five potential stages:
1. Initial pullback toward $75,000.
2. Deeper correction into the $70K–$72K zone.
3. A temporary bullish rebound that fails to hold.
4. Renewed accumulation and a potential trend reversal.
5. Breakout above $87,000, opening a possible path toward $100,000.
This is a conditional roadmap, not a confirmed sequence. A sustained breakout above resistance or a deterioration in broader market conditions could change the outlook.
The real challenge is distinguishing a genuine recovery from a temporary liquidity-driven rally.
Rate this 60-day BTC scenario from 1 to 10. Which stage seems least likely?
$BTC
#BTC #Bitcoin
Bitcoin has reportedly approached $81,000 following a 7% move in 24 hours. But a strong rebound doesn't necessarily mean the correction is over.
My working scenario for the next 60 days involves five potential stages:
1. Initial pullback toward $75,000.
2. Deeper correction into the $70K–$72K zone.
3. A temporary bullish rebound that fails to hold.
4. Renewed accumulation and a potential trend reversal.
5. Breakout above $87,000, opening a possible path toward $100,000.
This is a conditional roadmap, not a confirmed sequence. A sustained breakout above resistance or a deterioration in broader market conditions could change the outlook.
The real challenge is distinguishing a genuine recovery from a temporary liquidity-driven rally.
Rate this 60-day BTC scenario from 1 to 10. Which stage seems least likely?
$BTC
#BTC #Bitcoin
