Bitcoin Reversal Scenario Grows Stronger as Multiple Bullish Indicators Expect $95,000 to 6-Digit BTC Prices

News

  • Bitcoin reversal scenario grows strangers. 
  • Analysts notice multiple bullish indicators on the BTC price chart. 
  • BTC price should hit $95,000 to 6-digit prices soon.

Bitcoin has maintained its $84,000 price range despite the steady sideways fluctuations. This is leading analysts to believe that the pioneer crypto asset is working towards a Bitcoin Reversal scenario. A bullish signal on the Bitcoin price chart hints at a possible Bitcoin reversal scenario that could take BTC price back over $90,000. 

Bitcoin Reversal Scenario Grows Stronger

https://twitter.com/Washigorira/status/1902756483286089761

As we can see from the post above, this analyst known for his many reputed crypto observations shares his latest take on the BTC price chart. To highlight, the analyst notices that a double-top pattern has completed, and the pioneer crypto asset has almost reached its double-bottom target. 

This, the analyst concludes is a high possibility for a potential reversal zone. If the double bottom price does play out then the price of BTC, according to the chart shared in the post, will first reclaim the $93,000 target, and then retrace back to the bottom and then shoot to its previous ATH price in the 6-digit price range.  

Multiple Bull Indicators Expect Higher BTC Prices Soon

https://twitter.com/Washigorira/status/1902650682290700681

The analyst goes on to share another bullish indicator on the BTC price chart pointing to Bitcoin hitting a target set by another bullish signal, a Bitcoin symmetrical triangle target of $91,000. He says that once this target is met, the price of BTC will go on to hit the next main key targets of $92,7000 and $95,000.

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