Bitcoin(BTC): Plan A($140K) & Plan B($70K then $140K) / New ATH
2024-12-16
Category: None

The new week is showing some major bullish signs, where Bitcoin is breaking recent all-time highs (ATH) and seems to be getting ready for next momentum here.

Despite that, we are seeing some bullish signs, and we are still waiting to see that correction before actually forming the last ATH for the bull market.

So here we are again with 2 possible scenarios, where there is a possibility of seeing the price break current highs and with bigger volume, go for the 140K zone.

The other scenario is where we will see a correction to start and then move to 140K.

To be honest, looking currently at the markets, Plan A seems more logical, but if we actually manage to go for it, then from there we will see some bigger corrections, but not the bearish trend of course, just a liquidity move and consolidations.

Swallow Team