#BTC - Bitcoin to $100K - What's Next?
2024-12-05

 Major milestone for #BTC hitting $100K 

After a short correction we saw a break to the long awaited $100K

Why I believe a sweep below is in the forming for the nex 5-10 days:
 
  The highest liquidity was above 100K, it got swept
  Price retraced to 60%, then extended to the current zone with forming a HTF FVG
  Given the liquidity now is way low, it needs to extend a bit more to the 1.382 - 1.618, which is a deviation, form some liquidity then trick everyone that we'll continue to 110-115k
  Plenty of retail will now go long on it given it passed the psychological barrier - will attract even more late longs
  the #TOTAL market cap is already extended and the funding rates are heating up quite fast
 

Be on the lookout, take some profits if possible and prepare for the next leg up in around a week!