Bitcoin prices constitute this upward flag on the daily chart that can lead to an increase to $ 137,000
The cause of confidence
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Encryption Titan from encryption The possibility of mobilizing bitcoin to $ 137,000. The analyst is the most prominent bullish style that shows that the main encryption can reach this ambitious price.
Bitcoin price can gather to $ 137,000 as models of upscale flag
in X postTitan of Crypto suggested that the price of Bitcoin could reach $ 137,000 at some point. This came as it was revealed that BTC had formed a biology on the daily chart. The analyst noticed that if this is running, a New at all (ATH) It can be accessed, regardless of the current market feeling.
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His accompanying scheme showed that $ 137,129 was the goal for bitcoin because it is preparing to its highest level. The analyst pointed out that the key is to know whether the main encryption can be broken to the upward trend in the coming weeks. Meanwhile, it seems that BTC is facing a lot of resistance Presse pressure.
He has Ichimoku cloud analysis By conducting Bitcoin, the analyst stated that BTC is now facing resistance with a fair gap and entering the Kumo cloud. Select the scenario can play with the main encryption. The first is a continuation through the cloud, while the second is to re -test Kijun and Trendline before continuing.
His accompanying scheme indicated that the key is to break what is about $ 84,000. A successful collapse of this range may lead to an altitude of up to $ 92,000. This can eventually pave the way for bitcoin price to the highest level, especially with the psychological level of $ 100,000 on the horizon once BTC recovers $ 92,000.
The main resistance of $ 86,000
In X Publishing, The encryption analyst Ali Martinez It revealed that $ 86,000 is a major resistance to bitcoin price. He stated that rejection from this region can return BTC to $ 79,000. However, the penetration may open the main encryption path of the gathering to up to $ 97,000.
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The encryption whales are still accumulating BTC activity, which is positive for bitcoin price. Martinez revealed that 37000 BTC was Withdraw from the stock exchanges During the past 24 hours, the analyst noted a strong sign of accumulation.
Kevin Capital, the encryption analyst, believes that the Bitcoin price structure is still a decline. In the X Publishing, he stated that a break of more than $ 89,000 means that BTC has returned to work. Until then, he emphasized that there is no real reason for excessive access to the current level.
At the time of this report, the Bitcoin price is traded at about $ 84,600, within the past 24 hours, according to Data From Coinmarketcap.
Distinctive image from Adobe Stock, Chart from TradingView.com
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