Will #BTC go to $100,000?
2024-11-24

📊 Will #BTC go to $100,000?

🧠From a structural perspective, it is far from possible that our bullish target will be blocked by $100,000, and even if it is blocked, it will be temporary. The ideal target area is 134.8k-175.5k, but the process of achieving this target area may be complicated, just like in March this year, I analyzed that the first stage target area of ​​BTC to be seen was 87k-95k. We went through 8 months of complex consolidation before finally achieving this target area. So how long will it take to achieve the ideal target area?

➡️As the end of the month and the end of the year are approaching, we need to take some appropriate defensive actions to prevent a possible sharp retracement of profits.

⚠️We are currently above the stage target area. If our closing price can always remain above this area next Monday, then we can maintain a positive bullish attitude, otherwise we need to be alert to the possible risk of a decline

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