📊 BTC/USDC: Consolidation or Accumulation for $126k?
The Bitcoin continues testing liquidity zones. After the support at $82.7k, the price seeks to reclaim short-term moving averages.
🔍 Quick Technical Analysis:
Moving Averages: The price is struggling to break above the MA(7) at $91.7k. A close above this zone opens the path to test the MA(99) (primary resistance) at $98.6k.
MACD: A positive crossover is underway on the histogram. The reduction in selling pressure suggests exhaustion of the downward move.
KDJ & Wm %R: Both oscillators are exiting the oversold zone, indicating short-term bullish momentum.
📈 Path to +40%:
The $126.7k projection represents approximately a 40% upside from current levels.
Strategy: Fractional entry (DCA) between $88k-$90k.
Primary Target: $109k.
Final Target: $126.7k (Top of the Channel).
Stop Loss: Daily close below $82.5k.
The macro trend remains bullish. Manage your risk.
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