Bitcoin looks good bouncing off the bottom of the long consolidation channel
Does this mean it is all systems go to $100k then?
Well not exactly, but a bounce off these levels was/is nice to see:
(Source: https://x.com/IncomeSharks/status/1831823995576184841/photo/1)
The long consolidation pattern looks close to a resolution and up works for me.
That being said it won't be all systems go until we break out of this range to the upside which is a lot higher than the current prices.
We need something like $69k before it will be all systems go.
That seems far away right now.
"Love seeing a bounce off the bottom of the channel! 📈💥 What are your thoughts on this potential breakout? Do you think we'll see Bitcoin reach $100k soon? Let's get the discussion started and share our own insights! 👍"
I also gave you a 78.16% upvote for the delegations you have made to us. Increase your delegations to get more valuable upvotes. Cheers! 🎉
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