BTC to 124k - Quick Thoughts
2024-12-29
Category: None

Bitcoin is currently in a consolidation phase and is simply waiting to expand further toward 124k.

Ideally, we’d like to see the price take out the key low first and then head toward 124k.
If the price ignores the key low and goes straight to 124k, we can be pretty sure it will retrace at that level and then look to take out the key level afterward.