Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

My thesis on Bitcoin: We will see a bounce back that could take us to $97,000-$100,000.



Although there are two possible paths:

1. Correction before uploading

Retracement to $84,000-$83,000 (zone 0.618-0.786 Fibonacci) to build a floor structure and then attack $93,000-$97,000.

2. Direct impulse

Break the previous high from here and go straight to $93,000 without prior correction.

There is a lot of short liquidity waiting above $97,000 acting like a magnet.
BTC1.61%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)