Market analysis

🌴FREE BITCOIN ANALYSIS🌴

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Bitcoin to test 100k in months❔

💎The Bitcoin uptrend remains intact as the price continues to produce higher highs and higher lows on a weekly timeframe

💎After price bounced off the $39,600 demand area, BTC went up and produced a new all-time high

💎Current supply zone is near $57,600, which corresponds to 327.2% Fibonacci retracement level

💎 Price bounced off cleanly off this support, implying the further price increase in the long run

💎As long as the weekly closing price remains above $57,600, the Bitcoin will continue to move north, potentially towards the $96.500 resistance

💎Based on the extended ascending channel and Fibonacci cycles, 100k resistance area can be tested within three months

Crypto trading involves substantial risk and is not suitable for everyone. Nothing here is financial advice; it is education only. Never risk more than you can afford to lose.