$BTC is obviously very strong for a variety of reasons.
November 13, 2024 - by Jeffrey Ramson
$BTC is obviously very strong for a variety of reasons. Technically, this latest breakout looks to me to have a target of roughly $122,000 in the coming months – maybe culminating around inauguration day. We will most likely see psychological resistance and profit taking around the $100,000 level, but the technical indicators I use show we have more room to go before a more substantial pause. Ultimately, I still think we are going to $500,000 but I imagine there will be many good trading opportunities along the way.
