🔸 120,000 $ in BTC 🔼
🔍 Technical Analysis:
The chart reveals above the previous fractal point. The pattern remains unchanged, both in the short and long term. Our team believes that manipulation is underway, with a clear incentive for traders to take long positions.
🕯 Two possible scenarios:
1️⃣ Scenario 1:
Price breaks above $97,777, eliminating traders’ positions at this level. This results in a new high on the 4-hour chart, followed by a market reversal, a pullback, and a further decline in assets to $90,200.
2️⃣ Scenario 2:
The price briefly reaches the psychological threshold of 100,000 $ but fails to break through it immediately, due to strong resistance.
✔️ My Opinion:
Our strategy remains unchanged. The market continues to behave in line with our analysis. We still anticipate a manipulation followed by a bullish movement towards 110,000 $ and $120,000.
📊 Outlook:
A new ATH this month?
• Yes — 🔥
• No — 🐳