Upon reviewing the latest #Bitcoin chart in the weekly timeframe (logarithmic), we observe that since the previous analysis, Bitcoin has successfully achieved more than a 15% increase, managing to penetrate above $70,000 once again! Considering the price movements and the momentum, I expect we will soon witness an explosive move from Bitcoin! This movement, in the first scenario, could start from the current range of $65,500 to $70,000, or in the second scenario, we might see a price correction down to the demand range of $53,000 to $56,750, followed by a subsequent rise in price to levels above $70,000. The upcoming targets are, in order, $77,000, $85,000, and $100,000 !
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Best Regards , Arman Shaban
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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