🟠Bitcoin is consolidating above $93,000, and analysts believe that the current influx of liquidity may serve as the starting point for a new parabolic advance toward $155,000. On-chain data shows that more capital has entered the market in this cycle than during all previous bull runs combined. However, the key barrier remains the $91,200 zone, corresponding to the 0.236 Fibonacci level — losing this support could trigger a pullback toward $83,300–83,600.
🟠Analyst TARA expects the development of a five-wave structure, with near-term targets at $103,000 and $110,000, after which macro-wave 1 could complete with an ambitious upside objective of $155,600. Despite soft RSI readings and cautious positioning among investors, spot trading volumes are rising, and experts do not rule out a December breakout to new all-time highs.