$BITCOIN
BITCOIN
Alpha
0.043953
-0.67%
is currently consolidating just above the psychological $102,000 mark. We are seeing a "Bullish Pennant" on the Daily chart, with the 20-day EMA providing strong support. Institutional Spot $ETC inflows have remained positive for 12 consecutive days, suggesting that "Smart Money" is absorbing any retail sell-pressure.
Entry Zone: $100,500 – $102,500
Target 1: $
ETC
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112,000 (Fibonacci 1.618 level)
Target 2: $125,000 (Cycle Peak Projection)
Stop Loss: $97,800 (Below the psychological support)
Sentiment: Bullish 📈
CTA: Are you a buyer at six figures, or waiting for a "retest" of $90k? Comment below!