Bitcoin Update: About to start rocketing to 100K!
2024-10-31

BTC is making a decent change of character on the daily chart and now it’s making new highs. According to my latest analysis on Bitcoin, the bullish scenario of breaking above 70K has played out and now we’re closing the price above 70K.

In the current situation, I expect a minor correction to 66K before starting the main rally for Bitcoin to higher price levels and making new all-time highs, with the major resistance target of 100K.

The correction is invalid if the price closes a daily candle above 74K, and the bullish impulse from 66K to 100K is dismissed for a while if the price breaks below 65K.

DYOR