$BTC
If my analysis is correct (although it may be wrong), Bitcoin should reach the zone between 78-85k before rising again to a new maximum. (This should be understood as occurring after we see a support broken at 90k).
If not, it would rise a bit more than 108k (I wouldn't estimate it to rise to 120k because the asset is currently overbought in the current zone).
Currently, the price of Bitcoin is between 94-95k, with a short-term bullish dip that has shaken some traders and made them sell their positions.
No price rises eternally nor does it fall eternally. I want to make it clear to all traders that wanting to acquire a position much lower than when the mid-term rise started would mean breaking the trend and leading it downwards into a bearish trend, which, the only way that could happen is if we have an alien invasion or a global explosion (I mention this because I have seen many traders opening absurd positions in altcoins, below the price of the bullish trend from November).
Persevere and you will succeed.
THIS DOES NOT CONSTITUTE INVESTMENT ADVICE and everything is under your full responsibility.
