Traders predict that BTC may break through its all-time high in the short term, with a target price of $116,000
This article is machine translated
Show original
Odaily Planet News - Crypto trader Alan predicts that Bitcoin will break its historical high point within the next few days, with a target price of $116,000. He points out that Bitcoin is currently within a converging triangular structure with gradually decreasing trading volume, which suggests potential significant volatility. Additionally, trader Mikybull Crypto has identified a "diamond pattern breakthrough" signal, believing the price trend is relatively strong. Daan Crypto Trades noted the continued spot premium on Coinbase, indicating active buying pressure in the United States. However, traders like CrypNuevo warn that Bitcoin has not yet completely broken through key resistance levels and may still face the risk of a short-term pullback. (Cointelegraph)
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
