$BTC will rise to $69,900. Here is the full detail.

First of all, as predicted yesterday, BTC price rose from $63,500 - $64,350 area and hit our first selling point of $66,000 and now $69,850 is the next stop which was given as the third point yesterday. For proof, please refer to the post mentioned below.

Note: Please read the entire post, reading partially is harmful for your portfolio.

Let's discuss what will happen next. #BTC☀ is currently showing weakness in the $67,300 area. But I believe BTC will break this resistance and move towards our remaining endpoint:

2. $68,200

3. $69,900

The reason is that it receives strong support from the 64K area. If you notice BTC was not breaking 63,800 area in yesterday's correction, it continues to get support from them but suddenly it gives a wick up to $63,400 and rallies on the same candle. On this candle it grabs Liquidity. Which indicates BTC will break 68,400 area and move up because all longs from 64K by 68K area were eliminated on wick. Giving an idea that BTC is on a strong upward move. Whales and Exchange know BTC will go up to above 68K so they eliminated 64K more before BTC's next upward move. It is simple psychology behind BTC's next stop at $69,900.

The question also arises why BTC drops from $69,900 not first because we have a rising wedge resistance at that point so we will see a rejection. It is a simple target point drawn from the chart pattern.

👍🏻 Complete 100 Likes on this post for the next analysis. Share with your friends to help more people. Follow @fabricioagustin10 for more analysis.

#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #cryptonyusu $ETH $RENDER