Bitcoin Update

Bitcoin is currently trading at levels of $117,000 after a strong upward wave.

The technical reading indicates that the price is approaching an overbought area with the formation of gradual peaks, which supports the likelihood of a downward correction in the coming period.

🔻 The target level for correction:

• The $100,000 area represents a pivotal support that combines the main upward trend line and strong horizontal support.

• We expect this area to be ideal accumulation levels for buying again, as we may witness a strong upward rebound if it holds above.

📌 Our next plan:

If Bitcoin reaches levels of 100k, we will start publishing entry levels for selected cryptocurrencies in preparation for the next wave of upward movement.

A correction towards 100k is strongly likely and will represent a strategic accumulation opportunity instead of fearing the drop.

Stay tuned for upcoming updates for clearer details on the cryptocurrencies

$BTC $WLFI $TST #BTC #WLFI #open #StrategyBTCPurchase #USBitcoinReserveDiscussion