#Bitcoin – What’s Next?
The Big Sunday Report: All You Need to Know
🚩 TA / LCA / Psychological Breakdown: Bitcoin is currently attempting to break out from its most recently formed diagonal resistance. Let’s analyze the situation based on probabilities and ask: what’s most likely to happen next? Bitcoin has shown extremely strong support in the 99–100K region, and it bounced accordingly just a few days ago at the 100,400 level. Now, it’s testing the diagonal resistance again, and it’s looking increasingly likely that BTC will manage to break out with force in the coming days towards targets above the ATH level! If you’ve followed my analysis for a long time, you already know: I called Bitcoin to hit 100K three years ago, back when it was at just 16K. That target has now been achieved. Most recently, I’ve made a new and much bigger prediction: that Bitcoin is entering a massive new leg up, with gains projected between 70% and 170%, triggered by the recent Golden Cross that has now officially printed as detailed explained in the Sunday report three weeks ago.
Whats crazy right now is the fact that the Bitcoin funding rate is currently negative, which means that there are more shorts than longs open which indicates an extremley healthy market and even supports the bullish thesis. Also there is plenty of liquidity in the region between 108 and 110k, which is going to be taken as well for sure in the coming days!
Overall, I see a strong trend and markets will continue to rise with first targets between 108-110k, and this is by far not the end. The golden cross is promising us between 70-170% in gains in the coming months! Good times ahead
