$BTC Bitcoin: on the brink of a new growth phase🚀?
The global cryptocurrency market continues to amaze with its dynamics. #BTC Bitcoin confidently demonstrates an upward movement, leaving the liquidity of short sellers behind. This has created an excellent foundation for moving the price to new heights.
On the horizon remains an unclosed gap at the level of 102,000, which may become a target for a short-term correction. However, the structure of the fifth wave suggests the possibility of reaching the zone of 107–115 thousand, canceling the scenario of falling to 77–80 thousand, unless there are global shocks in the markets.
Movement forecast:
1. Short-term phase: Possible retest of the 100,000 level after local gap closure.
2. Medium-term goal: Aiming for levels of 107–115 thousand within the fifth wave.
3. Long-term peak: The final growth wave establishing a new historical maximum.
At the moment, key indicators do not indicate market overheating. Funding on exchanges remains balanced, and weekly candles confirm strong trend support. Short-term pullbacks do not give short sellers a chance to exit loss-making positions, which strengthens the upward movement.