Logo Blockchair

‘Don’t Sell Your Bitcoin Yet’: Analyst Says BTC Price Will Hit $117,000 Once This Level Is Beat Bitcoinist 04 gru 2024

‘Don’t Sell Your Bitcoin Yet’: Analyst Says BTC Price Will Hit $117,000 Once This Level Is Beat 🚀

Bitcoin price is consolidating below $99,000, yet investors are optimistic about reaching six-digit values. The TradingView platform reflects this bullish outlook, with analyst Waslad suggesting that Bitcoin holders maintain their positions.

According to Waslad, Bitcoin's price action fits into a bullish pattern termed a broadening wedge. This pattern could potentially drive BTC's price to $117,000 if it successfully breaks above the $99,000 level.

Investors are thus encouraged to remain patient and not sell their Bitcoin until further developments unfold regarding this key price level.

Źródło: bitcoinist.com ↗