$BTC #btc90k
#Bitcoin Chart Analysis
Today, I’ll be discussing Bitcoin from both a short-term and mid-term perspective.
First, from a mid-term standpoint, I believe Bitcoin still has some room to rise further. However, it’s reaching levels where we may see continued corrections as it goes up. Altcoins are likely to experience rotation pumping in this environment.
Looking at the short term, Bitcoin appears to be in the 3-3-5 wave phase. We might see a bit more upward movement, with a short-term target of $91,000.
In this setup, I expect some altcoins to experience significant declines, while others will show upward movements.
Please follow for continued chart analysis.