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Analyst Crypto Stockmoney Lizards has provided an update on the current Bitcoin Action PricePredicting that the flagship crypto could reach $ 145,000 later this year. The analyst alluded to a DOJI scheme, which supports this upward prediction.
The analyst predicted Bitcoin Price Rally at $ 145,000
In a X postStockmoney Lizards said that its mid-term objective for the Bitcoin price was between $ 135,000 and $ 145,000. He expects BTC to reach these targets Between September and October later this year. The analyst also discussed the current price action and why he thinks that the flagship crypto will reach such high heights.
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Stockmoney noted that the price of bitcoin is negotiated at the upper level of the corrective channel, forming dojis at this level. He admitted that he did not know how many participants in the rebound market will see BTC and what levels the crypto will test. He raised the possibility that the local background could be and also that BTC could retest the $ 90,000 at $ 94,000.
The analyst said that if he were to bet, he would probably predict that the Bitcoin price is again typing the top of the fork of $ 90,000. BTC fell at $ 98,000 last week in the middle of climbing tensions between Israel and Iran. Bitcoin has since recovered after the ceasefire between the two countries.
Stockmoney said that the last Bitcoin price action is bullish training because the flagship crypto has had an impulsive movement. He added that the current price action is not the rotation of the usual money with the old traders and the new traders loading at low -end. The analyst also indicated that BTC rally It is also not motivated by the derivative market.
BTC to at least reach $ 135,000
Cryptographic analyst Crypto titan echoed the prediction of Stockmoney that the price of Bitcoin could at least reach $ 135,000. In a X postThe analyst said that the BTC path to this price objective remains intact. He said Bitcoin now challenges the first Fibonacci extension to $ 107,000 after having burst and retests key levels.
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Once the Bitcoin price has erased this Fibonacci extension, Titan of Crypto estimates that the next stop is $ 135,000. He revealed that the market structure supports this decision, but it remains to be seen if the momentum will follow. His accompanying painting showed that BTC could achieve this Fibonacci extension at $ 135,000 In September, align with the prediction of Stockmoney. The graph also suggested that BTC could still reach up to $ 150,000 at a given time.
At the time of writing the present data from CoinMarketCap.
Pixabay star image, tradingView.com graphic
