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BITCOIN UPDATE: First shared on Oct 7, 2023! 62K TARGET IS HERE

Long
BITSTAMP:BTCUSD   Bitcoin
Greetings traders and investors from around the globe.

  • Since our October 7, 2023 analysis, BTCUSD has surged 77% in just over 4 months. Current trends indicate continued bullish control, with a potential 62K target according to Fibonacci projections.

  • However, caution is advised, as the completion of wave three may lead to a substantial pullback for wave four before the anticipated fifth wave rally.

  • Keep a close eye on the price chart during this critical phase.

As always, if you find this analysis helpful, please consider leaving a like, comment and hit the follow button. Till I come your way next time, trade safe and may the market be with you.

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