Posted 3/13/2024, 8:00:27 PM
Bitcoin Targets $81K Before Healthy Correction to $65K-$48K
- Bitcoin could rally to around $81,000 before a correction, based on projecting last cycle's $66K price increase
- Possible retracement levels are $65K (20% correction), $57K (30%), and $48K (40%)
- $81K target is a 100% repeat of the entire last price cycle projected from current low of $15K
- Corrections would still be healthy as long as price holds above previous high around $69K
- After re-accumulation, Bitcoin could then pump to the upside from one of the retracement levels
