As I said in my previous post, $BTC has rebounded and its ta | MoonCrown on Binance Square

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As I said in my previous post, $BTC has rebounded and its target is the top of the channel we are in. This level is a MoB (make or break) level for $BTC and is around the 100K price level. This level must be broken with considerable momentum for the rise to continue. Otherwise, another correction wave will be waiting for us.
#MarketRebound 

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I continue to wait until the market makes its final decision. The struggle between bears and bulls in $BNB continues, but even if the bears win, it will be temporary and I think that eventually the bulls will win. Meanwhile, the correction in $BTC is still ongoing. As you know, I have both bullish and bearish counts for the short term and none of them have become my main count yet. In order to continue its upward trend, it needs to make new highs without breaking the $92520 level, but the current weak outlook does not support this, at least for now. #Crypto2025Trends

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$BTC sold off at the intersection of the 0.5 Fibonacci level and the top of the correction channel. This is exactly the same price action I mentioned in my previous post. So what will happen next? There is not much to talk about for the bullish scenario, $92500 price level should definitely not be broken and we need to see $99963.70 and then 100K levels break upwards. In the bearish scenario, the declines should continue, the supports at $99963.70 and then $92232.54 should be broken. In such a case, the minimum target will be around 85K. Bearish scenario seems to be the most likely to happen at the moment. #XmasCryptoMiracles

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While I believe that $BTC 's long-term bull trend continues, I am not yet sure whether the correction is over in the medium term. In my previous posts, I have shared my counts of when the correction is over and when it is not. In the short term, $BTC is approaching a critical junction. We are very close to the top of the channel and the price movements that will occur from the moment we hit it will more or less reveal the market's plans in the medium term. #ReboundRally

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Has $BTC finished its correction? Or is it still ongoing? The market has not yet given us a clear signal, but I expect it to very soon. For now, the price seems to be rising within a channel. The top of the channel intersects with the psychological price level of 100K. If the price does not break the channel decisively upwards, the probability of seeing new lows will increase considerably, even if it is not certain. Update at 01:37 AM: I consider the deep correction that has occurred in the last few hours as a sign that we will see deeper correction in $BTC . For this reason, I change my preferred count like that $BTC will test the 100K price level with an upward reaction from the current price level, but it will fail and then we will see a deeper correction. Click here for my previously published related post. Now my alternative count is a scenario where we will target new highs after break of the 100K price level with a significant momentum. Click here for my previously published related post. #ChristmasMarketAnalysis

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$BTC continues to consolidate around its first target, the 95K-98K price range. The 143K-171K price range, which is the intersection of many Fibonacci targets, is our next target. If we see overly optimistic market conditions, $BTC could reach the 213K and 317K price levels, respectively. My outlook is that we will see at least 150K in the bull cycle we are in. Then we will definitely see a correction consisting of three waves. Will this correction be the beginning of the next bear market? We will wait and see. #BTCOutlook

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