strong buy

Bitcoin Could Surprise with a Breakout to 135K, Followed by Correction

The speaker mentions that it is uncertain how high Bitcoin can currently go. Bitcoin has the ability to surprise, and reaching 120k is not unlikely. However, if Bitcoin breaks out of its current corridor and jumps to the next target at 135k, that would truly surprise many and catch them off guard. At that point, a peak of greed and FOMO (fear of missing out) could occur, leading to a local top and a subsequent healthy correction, with a broad sideways range between 115k and 135k over the next two to three months.
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AI Analysis

The commentary emphasizes the unpredictable nature of Bitcoin's price movement, highlighting its tendency to surprise traders and analysts alike. Currently, the key question revolves around how high B...

AI Recommendation

Given the analysis, traders should prepare for a possible surge if Bitcoin breaks above the resistance corridor and targets 135k. It is prudent to monitor the price action carefully around these level...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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