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Bitcoin upward movement🟢
Hello everyone!
I have been closely following Bitcoin, and it's time to share my insights! I delve into a potential bullish scenario, and I believe you won't want to miss it.
We will explore key data points such as (TPO) time price opportunity and the reliable volume profile that we have been analyzing since November.
Additionally, as always, I will use our Wyckoff framework to determine where the price currently stands.
Bullish Targets:
- Main support area:
Keep between 90,000 and 95,000 dollars
- The highest resistance levels that can be challenged: from $106,000 to $112,000 - Previous highs
- Long-term goals: from $140,000 to $160,000 - potential price increase
Bearish Predictions:
- Main breakdown level: dropping below 90,000 dollars and staying below this level
- Support levels to watch: $83,000, $81,000, $80,000
Further decline: If these levels are lost, we are likely to see a deeper drop.