Bitcoin cryptocurrency can be expected to rise further toward the next major round resistance level 100,000.00.
– Bitcoin broke round resistance level 90000.00
– Likely to rise to resistance level 100000.00
Bitcoin cryptocurrency recently broke the resistance zone lying at the intersection of the round resistance level 80000.00 and the resistance trendline of the daily up channel from the start of October. The breakout of this resistance zone accelerated the active short-term impulse wave 5, which belongs to the intermediate impulse wave (3) from the start of September. The active impulse wave 5 recently broke the next round resistance level 90000.00.
Given the clear daily uptrend and the strongly bullish sentiment can be seen across the cryptocurrency markets today, Bitcoin cryptocurrency can be expected to rise further toward the next major round resistance level 100,000.00 (which is the forecast price for the completion of the active intermediate impulse wave (3)).
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