Bitcoin is on its way to 100K!!
2024-11-28

Bitcoin is on its way to 100K!!

Here’s my updated Bitcoin analysis, offering two potential scenarios:  Plan A and a follow-up Plan B for a breakdown below key support level.

Plan A focuses on the potential development of an ascending broadening wedge targeting the 107k–109k zone. This scenario  hinges on Bitcoin maintaining price levels above the critical 86k support.

It’s important to note that any sustained movement below 86k will immediately invalidate this plan. The primary  reasoning behind this outlook is the continuation of a higher high (HH) and potential higher low (HL) structure,  observed in a zig-zag price pattern.