$BTC will pump to $69,900. Here is full detail .
First of all as predicted yesterday price of BTC pumped from $63,500 - $64,350 area and hit our first t.p $66K and now $69,850 is next stop which was given as third t.p yesterday . For proofs check below mentioned post.
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Let's discuss what will happen next. #BTCâ currently showing weekness at $67,300 area. But I think BTC will break this resistance and move toward our remaining t.p:
2. $68,200
3. $69,900
The reason is that it get strong support from 64K area. If you notice BTC was not breaking 63,800 area in yesterday correction , continuesly getting support from their but suddenly give a wick till $63,400 and recover in same candle . In this candle it grab Liquidity . Indicating BTC will break 68,400 area and move upward bcz all longers who long from 64K area for 68K was eliminated in wick . Giving an idea that BTC is in strong upward move. Whales and Exchange know BTC will go higher then 68K therefore they removed 64K longer before BTC next upward movement . It is simple psychology behind BTC next stop $69,900.
A question also arise why BTC drop from $69,900 not first bcz we have rising wedge resistance at that point so we will see a rejection their . It is simple target point extracted from chart pattern .
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