Bitcoin to $120,000 or $75,000?
2024-12-27
Category: None

The chart was created by identifying the true support and resistance levels for Bitcoin since October 2023. There are several strategies to profit between support and resistance. Let’s move to the price analysis and see what awaits us in the coming days. According to the Volume Profile. There are important price levels on the chart, and the current price is close to the support line. We also have a strong support line at 92,576 - 90,510. However, there is a large negative price gap known as (BlackHole). When the price enters this gap, it will be pulled to the price of 76,869 without mercy. Now we are at an important price, and it is likely that a new peak in Bitcoin will be reached at 120,000 - 130,000.

Trading markets carry significant risks, and this is not financial advice but a technical analysis. We will see its results in the coming days. #To_The_Moon

Everything mentioned above will only come to pass In sha Allah.