Bitcoin price above 100,000 dollars again? The patterns of the plans show what will happen after that
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The encryption analyst, Madad Bitcoin price collects over $ 100,000 Again, provide the bullish view of the main encryption. His analysis showed what will happen after that for BTC and how it can reach the level of psychological price.
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The reflection of the bitcoin price brings together 100,000 dollars with a possible upcoming upward reflection
in Tradingvief PostMADDEN indicated that the price of Bitcoin was looking for a gathering of more than $ 100,000 with a reflection. His accompanying scheme showed that 91,700 dollars, 102,700 dollars, and 109,356 dollars are potential prices that BTC can reach as it is reflected in the upward trend. Rally to 109,356 dollars will retain the new form Absolute (ATH) For pioneering encryption.
The encryption analyst alluded to some important plans and relevant patterns to determine whether the reflection is confirmed by Bitcoin price. On the daily chart, highlighting the deep consensual wave style and Wolfe to determine the reflection points. Deep scales style showed that BTC is likely to be a bottom when she touched $ 76600, now reflected in play.
Also from the CME graph for the Bitcoin price. He pointed out that there is a daily re -test of the moving average for 200 days (MA) and that CME gap Between $ 77,000 and $ 80,000, indicating that there is no reason to reduce this BTC low again. Meanwhile, the encryption analyst added that BTC is currently above the upper support line 2022 and 2024.
BTC Road Map moves forward
As part of his analysis, MADDEN also provided a road map and future expectations for Bitcoin price. His accompanying scheme showed that the main encryption could Top at about 125,000 dollars In this market cycle. Based on the graph, BTC will reach this target price by the end of the year. Crypto Willy Woo also suggested that Bitcoin could reach this goal, as he described it as conservative.
The graph also showed that the price of bitcoin could be included in the bear market by 2026, as it decreased from the expected peak of $ 125,000 to less than 40,000 dollars. This price can happen to $ 40,000 before the end of 2026.
Meanwhile, the bullish reflection of the bitcoin price is the main focus of the market participants. The encryption analyst Ali Martinez It is mentioned that BTC erupts. He added that the goal is 90,000 dollars, as long as the support amounting to $ 84,000 keeps it.
The encryption whales are already determined by themselves for a possible reflection of the bitcoin price to $ 90,000. Martinez revealed that these whales have bought more than 20,000 BTC in the last 48 hours.
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At the time of writing this report, the Bitcoin price is traded by about 84,500 dollars, an increase of more than 3 % in the past 24 hours, according to Data From Coinmarketcap.
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