📊Where is the support for #BTC ?

🧠From a structural point of view, a short structure is built at the 1h level, and we are at the upper edge of the resistance zone at the large cycle level. The callback is very reasonable. The support area can focus on the lower edge of the resistance zone, and the target area of ​​the short structure is also here.

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📊 Will #BTC go to $100,000?

🧠From a structural perspective, it is far from possible that our bullish target will be blocked by $100,000, and even if it is blocked, it will be temporary. The ideal target area is 134.8k-175.5k, but the process of achieving this target area may be complicated, just like in March this year, I analyzed that the first stage target area of ​​BTC to be seen was 87k-95k. We went through 8 months of complex consolidation before finally achieving this target area. So how long will it take to achieve the ideal target area?

➡️As the end of the month and the end of the year are approaching, we need to take some appropriate defensive actions to prevent a possible sharp retracement of profits.

⚠️We are currently above the stage target area. If our closing price can always remain above this area next Monday, then we can maintain a positive bullish attitude, otherwise we need to be alert to the possible risk of a decline

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#Wolf_king88 $BTC