📈 Bitcoin Update:
🪙 BTC/USDT (4H Chart)
✅ The target of $119,000 that we set for you in all previous updates has been reached, and from there the price started to decline slightly.
• The current drop in the market is normal due to a significant increase in long futures positions along with yesterday's rise, and the price often drops to liquidate those positions before continuing to rise.
• Most of the liquidation positions are centered around the $116,000 area, followed by $114,200, and these are considered strong support areas in my opinion. Bitcoin will not correct strongly unless it gives the altcoins another chance to continue rising.
Wishing you all well and abundant wealth ..