Now go back a bit after the last movement, but his trend is still valid and remains stable, as he still maintains the important demand zone between 67.5k and 65.8k. As we said before, if this zone remains intact, we expect BTC to easily reach around 80k in the coming days.
We need to be cautious, as if BTC closes below this zone on the daily frame, this entire trend could nullify and change direction.
We will continue to monitor the market and update you on any changes so you can always keep up with all the latest on BTC.
Friends, it’s been quite a while since I last discussed the situation on the #BTC 💶 chart. I feel it’s time to rectify that and share my thoughts with you on where the price is likely to go next.
I’ll start by saying that, as the asset growth, it successfully reached my first target: the full closure of the 1W imbalance ($75,660) ☑️. After that, a decline set in, which forced me to revise my chart markings.
‼️ I believe that following the sharp February slump, the asset began to build upward momentum, which came to an end not long ago. The current decline is nothing more than a correction of that momentum 📉. That is precisely why we will not see a new wave of growth until the price reaches the 1–1.272 Fibonacci zone.
I think everyone has realised that, in the medium term, I expect prices to fall. But that doesn’t mean there won’t be any further growth! 🔥$BTC
⚡️TODAY: Robert Kiyosaki says he doesn't invest in anything the government, banks, or Wall Street can print, sticking to real assets like gold, silver, Bitcoin, and Ethereum.