So here you get my view on 4 scenarios to go 100,000$. i made it very simple in graph. Don't check the live price of BTC on this analyse cuz i used BLX index.
1. Greedy Scenario (Green) :
- BTC break 50k now and still have FOMO Power and go straight to 100k.
2. Optimistic Scenario 2 (Yellow) :
- BTC will pass 50k hardly and retrace around 38K (61.8% Fibo) and back up stronger to Break 50k.
3. Realistic Scenario (Orange) :
- BTC will pass 50k and retrace to 20k first before restarting his pump.
4. Sad Scenario (Red) :
- BTC will retrace to 9K ish ( EMA300), this is the Strongest support for BTC.
i am naturally optimistic on BTC so i would bet on... Scenario 2. Let me know what you think in comments.
Happy Tr4Ding !