Bitcoin Analysis and Expected New Buying Zones

A Good Buying Opportunity for Bitcoin Soon with the Correction

 

Bitcoin has begun to rise and break out of its sideways movement,

which represented accumulation for the cryptocurrency.

Bitcoin has also managed to break through previous resistance levels.

The currency has also established strong new demand zones.

These zones are located near the $92,041 level.

The outlook still points to an upward trend in the long term.

Therefore, it is advisable to focus on buying opportunities now, 

especially during any correction.

 

Expected Targets

In the event of a decline and correction to the new buying demand zones, 

we expect a rise to targets at $95,400, $98,500, and $101,000.

Also, in the event of a decline to the next demand zones near the $87,852 level,

 we expect a rise to occur. However, it is advisable to wait 

for any buying price action at that time.