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strong buy
BTC

Bitcoin May Surge Beyond 118,000 After Fibonacci-Based Target

The previous price target was set at 118,000 based on Fibonacci levels. It's possible that because there was a significant upward movement, we could break out even higher.
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AI Analysis

The analysis is rooted in Fibonacci retracement levels, which are commonly used in technical analysis to identify potential support and resistance levels. The initial target of 118,000 indicates that ...

AI Recommendation

Given the current technical setup and recent momentum, it is advisable to monitor for confirmation of a breakout. A sustained move above the 118,000 mark with increased volume would serve as a strong ...

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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