Bitcoin BTC Has Almost Finished Correction: $89k soon!
2025-01-10
Category: None

Hello, Skyrexians!

In our recent analysis we told that this correction will not be finished without reaching  GETTEX:89K , it almost impossible! Several days ago  BINANCE:BTCUSDT  surges above $102k which caused a lot of optimism on the market, but all these traders has been banished by the sudden dump. Why this drop was expected and promised  GETTEX:89K  will be reached anyway.

Let's take a look at the daily time frame. We can see the after reaching wave 3 top corrective wave 4 has been started. Wave 4 is a zigzag ABC. Corrective wave B has been finished exactly at 0.61 Fibonacci. Now price is forming wave C. This wave has the minimal target at 0.38 Fibonacci at $89k. There we can expect the signal on  Bullish Reversal Bar Strategy   to make sure with the high probability that correction is over and the next target is $120k. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our  article on TradingView . You can see the sniper entries for this indicator before. 

Best regards,
Skyrexio Team

 ___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!