@bruce-perry
In February, the rate of the first cryptocurrency can reach $122,000 before the "next consolidation". This is stated in the report of 10x Research.
The chances of continuing the rally will not disappear: if the pattern persists, bitcoin will continue to grow after a pause, followed by a pullback to $122,000 to test the level as support.
According to experts, this benchmark is due to the typical movement of digital gold quotes in steps of $16,000 - $ 18,000.
On January 21, Bitcoin tested the wedge breakout line at $98,937, rebounding to $107,000. An optimal entry point with low risk and high profit was formed in this area, experts said.
1-1401
The current breakout of $106,000 indicates the relevance of the scenario, stressed in 10x Research.
Recall that in September, the investor and co-founder of Okse under the nickname Elja noted signals of an "explosive movement" in the range of $100,000 - $ 150,000 by the first quarter of 2025 due to the formation of the "cup with a handle"pattern.
.
0 reply
0 recast
0 reaction