Stunning Bitcoin Price Prediction: Analyst Projects $100K Target Using Fibonacci Analysis

BitcoinWorld Stunning Bitcoin Price Prediction: Analyst Projects $100K Target Using Fibonacci Analysis Could Bitcoin really reach $100,000 sooner than expected? According to recent technical analysis, this stunning Bitcoin price prediction might become reality based on Fibonacci retracement patterns that have accurately forecasted major moves in the past. What Makes This Bitcoin Price Prediction So Compelling? FxPro analyst Alex Kuptsikevich revealed to CoinDesk that BTC has broken through the crucial $91,000 resistance level. This recovery represents the 61.8% Fibonacci golden ratio level from the November decline. The current Bitcoin price prediction suggests that maintaining this level could trigger the next major upward movement. Fibonacci retracement works by identifying key support and resistance levels based on mathematical ratios. Traders watch these levels closely because they often predict where price reversals might occur. The current analysis indicates that Bitcoin has successfully tested one of the most important Fibonacci levels. How Fibonacci Analysis Supports...

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