On-chain indicators show that Bitcoin targets $117,000, bull market momentum is strong
- Line5 ($92,305): Key support in the near future, strong rebound momentum.
- Line6 ($117,666): Next target price, key resistance in history.
- Line7 ($149,551): Long-term potential, the ultimate price band in the bull market.
- The current Bitcoin price is running above important support, and the market sentiment continues to be bullish.
- Historical data shows that the Fibonacci price band has high reference value.
- Bull market momentum resonates with on-chain data, and prices are expected to break through further.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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