Trading expert sets date when Bitcoin will hit $100,000
Although Bitcoin (BTC) remains in a bearish phase, a trading expert has suggested that technical indicators and historical price action point to a potential return to $100,000 within the next year. The outlook follows Bitcoin’s recent streak of five consecutive monthly red candles after its October all-time high. According to data shared by TradingShot in a TradingView post on February 27, such a sequence has occurred only twice before, in November 2011 and December 2018. In both cases, the fifth straight red candle marked a bear market bottom
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