The market of BTCUSDT (November 14, 2024) shows that BTC first accelerated to a new high, then fell back, and it may even spike up to 100,000 and then fall back. Judging from the current trend, its five rising waves may be about to end.
Bitcoin is still in an upward trend as a whole, with the price reaching 93265 as the highest, then falling to 87970, and then continuing to rebound.
As long as the price can be maintained above 90,000, the risk of a correction in the short term is relatively small. However, looking up, even if it rises to 100,000, its upside is only about 7%. Close my homepage and start your journey to wealth!
From the daily level, the five rising waves are nearing the end. We have long predicted that the target of this wave of market is 80,000-100,000, and now we are about to reach the second target. Once the main rising wave is over, the subsequent market will face new changes.
