🚀 $BTC Analyst Predicts $124,000 Target! 🚀

Top crypto analyst Burak Kesmeci is predicting that Bitcoin (BTC) could soar to $124,000, based on the Golden Ratio Multiplier model! 📈✨

This model uses the 350-day moving average (350DMA) and Fibonacci ratios to spot major market trends. 🔍

Recently, Bitcoin tested the key support level at $77,000 (350DMA) and quickly rallied to $96,000! ⚡

Now, the Golden Ratio Multiplier suggests that Bitcoin could hit 1.6x the 350DMA, which means a possible price target of $124,000! 🏁

🔥 Key Highlights:

$BTC recently bounced from $77,000 and surged towards $96,000.

$124,000 could mark the end of the accumulation phase and the start of a massive bull run!

Despite profit-taking by miners, Bitcoin is showing strong momentum, fueled by factors like ETF inflows and market resilience. 💥

💰 Current Status:

Bitcoin is trading around $94,000 and remains strong despite market fluctuations! 🚀

Get ready, the next big Bitcoin rally could be closer than we think! 🏆

Originally posted by : REHAN SIKANDAR

(Follow Me for Time to time Updates)

#Bitcoin $BTC #CryptoNews #GoldenRatio #BurakKesmeci #bullrun2024📈📈 #CryptoMarket #InvestSmart