What will happen to Bitcoin?
2024-11-23

Bitcoin is in a post-pattern movement. In these movements, the price rises in an IFC manner and shows no inclination to fill the IFCs, while many FVGs form along the way, but none are filled.

Bitcoin is now close to the psychological resistance of 100K. There is a possibility that Bitcoin might experience some correction between the 100K to 105K range, and we could witness an X wave.

If a correction occurs, you can rebuy in the green zone. Those who are out of the market can't stay out forever; they must form a setup!

If Bitcoin consolidates or experiences a mild correction, altcoins could pump during this period.

The next target step for Bitcoin could be in the range of 118K - 125K.

If a daily candle closes below the invalidation level, this setup will expire

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You