BITCOIN (BTC) Setting Up for One Last Dip Before 200k

29 בדצמ׳ 2024

Currently, BTC is about to tag the equal lows at 92.1k, but I’m not betting that level will hold. I’m more focused on the opportunity if BTC drops into the low 80ks. It might be a bit ambitious, but I’ve been waiting since the tap at 107k.

I expect this move to unfold before mid-January. By halfway through Q1, we could start to see some market strength, with a potential target of 198k for BTC. BITCOIN

4 בינו׳

הערה

equal lows acted as support.

Currently looking for a reaction above 100k.

Looking really good for yearly open retest if the yellow block acts as resistance

BTC

6 בינו׳

הערה

If it reclaims 102k. Idea is invalidated and this will most likely aim for new highs.

Being patient

8 בינו׳

הערה

Following the plan. I want to go below yearly Open and reclaim the level for me to go long.

Otherwise, expect lower