🌀Bitcoin has reached a new record of $97,903, up 4.4% from previous levels. Technical analysis indicates potential growth to $137,000, driven by historical breakouts and increased whale activity.
🌀Axel Kibar’s chart highlights the cyclicality of bull markets: breakouts in 2013 and 2017 led to exponential growth. Recent Fibonacci levels point to targets of $100,103 and $112,597. The bullish trend is confirmed by MACD indicators and exponential moving averages.
🌀Whale activity is amplifying momentum: large transactions on Binance signal strong interest from institutional investors. Bitcoin remains in the spotlight, promising new historic highs.