#Bitcoin #BTC #BTCUSD #BTCUSDT
Just yesterday we looked at Bitcoin for 4 hours and the price was $86,500. Today the price is already trading above $92,200. This is a strong increase. This kind of upward movement reveals a lot... Let's dive into the details.
The 0.236 level of Fibonacci that was acting as support has been exploited, the price is now $91,350. Here this appears as a move for BTCUSD above a gray ascending triangle. We have a very strong recovery and a higher low confirmed after just 20 hours of the upward movement. Huge strength. The upward momentum is increasing.
Seeing how strong the bulls are entering the market, we can immediately adapt to this situation. Instead of focusing on the lower targets, $98,000 and $103,450, we can focus on the higher targets. $110,000 and $116,530. The momentum we are seeing now clearly reveals that Bitcoin is ready to move to the highest possible level, and this will create a huge boom for alternatives, many of which are already fully in the green in a single day.
A high goal... after a strong downward movement, we get a strong upward wave similarly. What goes down must rise again. The cryptocurrency market is young, volatile... the cryptocurrency market offers tremendous potential for growth. Bitcoin's recovery now.
You are welcome.
✅ Trade here on $BTC
