Important Update on BTC
I’ll keep it simple — BTC has reached a new all-time high of $123K and is now showing signs of a possible correction. The RSI is forming a bearish divergence on the weekly timeframe.
The first support level to watch is $110K. If BTC breaks below that, we could potentially see a drop toward $94K.
In the long run, my target remains $140K, but for now, a correction seems likely.
I’ll keep it simple — BTC has reached a new all-time high of $123K and is now showing signs of a possible correction. The RSI is forming a bearish divergence on the weekly timeframe.
The first support level to watch is $110K. If BTC breaks below that, we could potentially see a drop toward $94K.
In the long run, my target remains $140K, but for now, a correction seems likely.
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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.