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Madden cryptographic analyster raised the possibility Bitcoin price over USD 100,000 Again, providing a stubborn perspective on the flagship crypto. His analysis showed what will happen next to BTC and how this psychological price level can achieve.
Bitcoin price Eyes Rally above 100,000 USD with a potential stubborn reversal
IN Post TradingviewMadden has pointed out that the Bitcoins price is looking at a rally above 100,000 USD with a probable reversal. His companion chart showed that USD 91,700, USD 102,700 and USD 109 356 are potential goals that BTC can hit when it turns up. Rally up to 109 356 USD would mean a novel one All -time (ATH) for flagship cryptocurrencies.
The cryptographic analyst referred to some charts with essential levels and appropriate patterns in order to determine whether the reversal is confirmed for Bitcoin price. On the daily chart, he emphasized deep harmonic and Wolfe wave pattern to identify reversal points. The deep Cran pattern showed that BTC probably got out when it touched $ 76,600 and the reversal is now in the game.
Madden also referred to the CME Daily chart at the price of Bitcoin. He noticed that there is a daily retagin from the 200-day movable medium (ma) and that CME GAP It was completed from 77,000 to USD 80,000, which indicates that BTC has no reason for it to fall so low again. Meanwhile, the cryptographic analyst added that BTC is currently above the upper support lines 2022 and 2024.
BTC road map is moving forward
As part of his analysis, Madden also provided a road map and future Bitcoin prices. His companion chart showed that the flagship crypto may Top at around $ 125,000 In this market cycle. Based on the BTC chart, it will reach the target price until the end of the year. Kryptowalus expert Willy Woo also suggested that Bitcoin could achieve this goal because he described it as conservative.
The chart also showed that the price of Bitcoins may enter the bears by 2026, falling from a forecast peak worth USD 125,000 to just USD 40,000. This price drop to USD 40,000 may occur before the end of 2026.
In the meantime, the stubborn reversal of the Bitcoin price is the main goal of market participants. Cryptographic analyst Ali Martinez He said that BTC was exploding. He added that the target is USD 90,000, as long as USD 84,000 lasts.
Crypto whales are already setting up to the potential reversal of Bitcoin price to USD 90,000. Martinez revealed that these whales have bought over 20,000 BTC in the last 48 hours.
At the time of writing, the Bitcoins price is about USD 84,500, which is over 3% in the last 24 hours, according to data with coinmarketcap.
A distinguished picture from Pexels, chart from TradingView
