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5 Bitcoin chart predicts BTC price set to $ 100,000 to May

Key separation:

  • BTC liquidation levels, Onchain data and graph adjustment converges to the goal of $ 100,000.

  • The profitability has increased, suggesting the jump of confidence on the market.

  • BTC Breakout Samples indicate 100K in the amount of 100K as a short squeeze and euphoria magnet.

Bitcoin (Btc) Blinking multiple technical and ondy signals that suggest that Rally is possible to $ 100,000 here are five charts that make the case for almost a burglary.

BTC double lower hints at 100600 USD

BTC’s daily ticket formed a Textbook Double bottomConfirming an open above neck resilience to $ 87,643. Structure of measured moves projects to $ 100,575 or more.

5 Bitcoin chart predicts BTC price set to $ 100,000 to May
BTC / USD Daily ticket price. Source: Tradingview

Swing indicators like Relative power index (RSI) Support this thesis, stay in a semi-winner with more expansion space. Meanwhile, 50- and 200-day exponential average average average (EMAS) has overturned, offering additional drip.

The volume remained stable post-interruption, showing that customers continue to control. This setting creates a strong basis for Bitcoin to press 100,600 dollars.

Bull adjustment for Pennant Eyes Sik-Image BTC Price

At the time of time, BTC consolidate inside a taurus flag After a sharp rally. This form indicates temporary indecision before the next leg. The target is sitting close to $ 100,900.

5 Bitcoin chart predicts BTC price set to $ 100,000 to May
BTC / USD Cheni Cheni Chenia. Source: Tradingview

Pennant was created after steep rises, suggests that the BTC price is probably before continuing to move. Despite the low quantity, the structure remains intact and is supported by strong alignment of EMA.

The break up above the upper lines for Pennant could run fresh sloping momentum, attracting short-term traders and algorithms that target the breakdown.

Bitcoin’s drop in stopping the target of $ 102,000

The three-day chart displays completed dropping wedge Interruption, with a price broken zone of key resistance near 94,000 dollars. The projected move target $ 102,270.

5 Bitcoin chart predicts BTC price set to $ 100,000 to May
BTC / USD three-day chart price. Source: Tradingview

The fall of the wedges are typically the bilk reverse patterns and BTC’s clean interruption above the above trends adds technical certificate. The price also drives above 50-3D em, key signal trend.

The volume is encouraged during the interruption, suggesting a strong condemnation of the customer.

The 94,000-95,000 Resistance is now full of coal attempts Bitcoin. The interruption that means BTC could deliver a complete measured move to $ 100,000 quickly.

Bynantic heat cap Displays liquidity magnet to $ 100,000

Liquidation data reveals a thick set of short liquidations around the $ 100,000 level. These positions often behave like a magnet, pulling the price towards them as market creators to liquidity.

5 Bitcoin chart predicts BTC price set to $ 100,000 to May
BTC / USDT Quarterly liquidation terminals. Source: Koinglass

If the BTC continues to climb, it will press short sellers who could be forced to exit, activating the cascade of purchase orders.

Related: $ 635 million liquidated at 24 am in the trail and the merchant predicts $ 100,000 Bitcoin short squeezing

Liquidity tickets often found on the front price. With such dense activities near six figures, the path of the smallest resistance appears according to the close end.

Profitability Bitcoin increases post-break

From 23. April 87.3% of the circulating bits of Bitcoin was in profit, an increase of 82.7% when the BTC was last trading near $ 94,000 in early March, according to Slinko data.

Increases indicates that a significant part of Bitcoin offer changed their hands at lower levels during Mart Correctionreflecting fresh wave of accumulation.

5 Bitcoin chart predicts BTC price set to $ 100,000 to May
BTC per cent offer in profit. Source: Slocnode

Historically, when the percentage of supply in profits remains above 90% for a long period, markets strive to enter the euphoric phase. With the profitability that is now approaching the threshold, Bullish Senement continues to build.

In combination with biking charting structures and a concentrated short overdue liquidity, BTC remains set to a potential move towards $ 100,000 to May.

This article does not contain investment advice or recommendations. Any investment and trade of trading involves risk, and readers should conduct their own research when making a decision.