Has the march of Bitcoin to $100k begun?

in #bitcoin2 months ago (edited)

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:

image.png

(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.

Sort:  

"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! 🎉

Help Us Secure the Blockchain for You

Your vote matters! Support strong governance and secure operations by voting for our witnesses:

Get Involved

Coin Marketplace

STEEM 0.15
TRX 0.17
JST 0.028
BTC 68748.32
ETH 2464.48
USDT 1.00
SBD 2.36