BITCOIN new ATH  ( 89200$ )
2024-11-11

Hello and greetings to all the crypto enthusiasts, ✌

In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin, 📚💡

Unlike what we typically see in many market conditions, the current chart does not show a new support level that has been created by recent candlestick formations. This is somewhat atypical, as markets often establish new support points with clear price action. Given this, I have relied on Fibonacci retracement levels and trendlines to mark the critical support zones that should be closely monitored. 📚🎇
In light of the recent surge in trading volume and the influx of new participants in the market, it is highly likely that we will witness a price increase in Bitcoin of at least 10% in the near future. This increase is supported by strong buying interest and a positive market sentiment that has been building over the past few weeks. 📚✨
As we move through this potential uptrend, it is also important to remain aware of the possibility of range-bound candles appearing in the market. These can indicate periods of consolidation or short-term price fluctuations as the market gathers momentum before the next significant move. 📚✌

🧨  Our team's main opinion is   The chart currently lacks a new support level from recent candles, so I’ve used Fibonacci and trendlines to highlight key support zones. With increased trading volume, Bitcoin is expected to rise by at least 10%, though short-term range-bound candles may appear during this upward movement. 🧨

Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡