Bitcoin / TetherUS
Long

New Bullish Rally About To Start Toward The 130k

233
🔥 Well, the previous update played out perfectly — the price dropped to the $12K support area and bounced back strongly. Now, let’s talk about my next plan for Bitcoin

📥 At the moment, there’s a clear bullish flag forming on the chart. Price has bounced from the 1.618% PRZ (Potential Reversal Zone), which I’ve labeled as wave C of the larger corrective ABC structure.

📈 From here, I’m expecting a new bullish rally, with the next major target around $130K.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.