Bitcoin Set to Hit $155K — And That’s Just the Minimum Bitc
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Updated at: 6 hours ago
{"content":"Bitcoin Set to Hit $155K — And That’s Just the Minimum
Bitcoin price activity suggests it might hit $145,000 later this year. The expert mentioned a doji pattern to back this optimistic prognosis.
Bitcoin costs $135,000–$145,000. BTC should hit these milestones by September or October this year. The expert also discussed the current price movement and why he thinks the flagship coin will soar.
Bitcoin is trading above the top level of the corrective channel, generating dojis, according to Stockmoney. He doesn't know how many BTC bounces market participants will witness or what levels the currency will test. He suggested the local bottom and that BTC might retest $90,000 to $94,000.
If he had to wager, the expert would expect Bitcoin to hit $90,000 again. Due to Israel-Iran tensions, BTC plummeted to $98,000 last week. The peace between the nations has restored Bitcoin.
Stockmoney said Bitcoin's recent sudden rise is positive. He said the price movement is not typical of elderly traders selling and new traders stocking up at range lows. The expert also said BTC's surge isn't driven by derivatives.
At Least $135,000 BTC
Bitcoin might hit $135,000. The expert said on X that BTC will reach this price objective. He said Bitcoin is confronting the first Fibonacci extension at $107,000 after breaking out and retesting key levels.
He said the market structure supports this move, but momentum is uncertain. His accompanying graphic revealed BTC might hit this Fibonacci extension at $135,000 by September, as Stockmoney predicted. The chart also showed BTC may reach $150,000.
Bitcoin is now selling at $108,200, up in the previous 24 hours, according to CoinMarketCap.
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