BTCUSDT Weekly Analysis & Altcoin Season Prediction
2024-12-16
Category: None

🚀 Bitcoin Update 🚀
Current Price: $103,181

📊 Technical Analysis:

Resistance: $105,310 (Fibo 0.62)
If this level is breached, the next targets are $110K - $124K.
Support: $100,000 (Key psychological level)
Losing this level could trigger a move down to $49,500 (Fibo 0.5) and $43,670 (Fibo 0.618).
📈 General Outlook:
Bitcoin remains in a strong uptrend, but $105K is a critical resistance. Short-term corrections could occur due to profit-taking. If momentum holds, new all-time highs are possible.

🔥 Altseason Insight:
Altcoin Season is expected to continue between Dec 10, 2024 - March 10, 2025.
⚠️ Warning: A significant drop could follow after this period!

#Bitcoin #Crypto #Altseason #TechnicalAnalysis 🚀