šØ $BTC Ā EyesĀ $150KĀ
As long as bulls hold the momentum, BTC could targetĀ $120Kā$150K.
š Key Highlights:
⢠Daily RSI moving along an uptrend - watch for dips below it, a potential red flag ā
⢠Bears forcingĀ $BTCĀ back below the trendline is unlikely but not impossible š»
⢠Weekly Stochastic RSI nearing trigger levels - a big upside momentum could kick in soon ā”
š° Targets:
⢠Immediate resistance: $119,400
⢠Major breakout target (1.618 Fib): $154,500
š BTC vs Gold:
Gold has surged 112% since Q1 2024, outperformingĀ $BTC by 42% since August. But the BTC/Gold ratio has hit 0.618 Fib support, with Stochastic RSI signaling a potential BTC rebound. Could the king of crypto finally reclaim the throne over gold? š
#BTCVSGOLD
